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Vedanta's Subsidiary, BALCO Faces Rs 84 Crore GST Demand Notice

   25 December 2023 at 09:24

Vedanta Limited reported that its subsidiary, Bharat Aluminium Company Limited (BALCO), has been served with a Goods and Services Tax (GST) demand notice amounting to Rs 84 crore.

Posted in GST |   5433 Views


GSTN Launches 'GST PMT-07' for Swift Grievance Resolution

   25 December 2023 at 09:19

GSTN has recently rolled out an innovative feature on the GST Portal. The new functionality, named the Grievance against Payment (GST PMT-07) system, empowers users to address and resolve issues related to payments efficiently.

Posted in GST |   2829 Views


West Bengal Govt Suspends E-Way Bill Order: Intrastate Limit Restored to Rs 1 Lakh

   23 December 2023 at 07:06

The West Bengal government has decided to suspend the implementation of its earlier order, which reduced the "intrastate e-way bill" threshold from Rs 1 lakh to Rs 50,000, effective from December 1.

Posted in GST  1 comments |   13665 Views


Telangana Commercial Taxes Dept unearthed ITC Fraud of Rs 138 crores

   23 December 2023 at 07:05

The Telangana Commercial Taxes Department has unveiled a sophisticated Input Tax Credit (ITC) fraud orchestrated by Mr. Chanda Sai Kumar. The fraudulent activities, amounting to a staggering Rs. 138 Crores

Posted in GST |   3135 Views


FM Nirmala Sitharaman approves setting up of GSTAT in Indore

   23 December 2023 at 07:03

FM Nirmala Sitharaman has given her approval for the establishment of a GST appellate tribunal in Indore, as announced by the Madhya Pradesh government's Public Relations Department on Thursday.

Posted in GST |   2400 Views


Rajya Sabha Passes Bill Establishing GSTAT with Age Cap Adjustments

   22 December 2023 at 07:14

The Rajya Sabha granted approval on Wednesday to a crucial bill aimed at facilitating the establishment of Goods and Services Tax (GST) appellate tribunals (GSTAT).

Posted in GST |   2430 Views


GST Council Warns Businesses Against Scams with New Advisory

   22 December 2023 at 07:10

A recent advisory, aptly named the "GST Fraud Advisory," serves as a stern warning to GST-registered businessmen

Posted in GST |   1911 Views


GST Council Contemplates Raising Registration Threshold to Rs 60 Lakh: FM Sitharaman

   22 December 2023 at 07:09

In a comprehensive discussion held in the Rajya Sabha on Wednesday, Finance Minister Nirmala Sitharaman responded to Parliamentarians' queries and suggestions, notably addressing the proposed Central Goods and Services Tax (Second Amendment) Bill, 2023.

Posted in GST |   9189 Views


Trader held for Rs 68 crore GST evasion

   22 December 2023 at 07:08

CGST's Preventive Department in Rajkot Nabs Brass and Copper Scrap Trader in Jamnagar for Alleged Rs 67.72 Crore Tax Evasion

Posted in GST |   2667 Views


Deadline Extended for GSTR-3B Filing in Specific Tamil Nadu Districts for Nov 2023

   21 December 2023 at 07:03

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 55/2023 – Central Tax dated December 20, 2023, announcing an extension for the filing of FORM GSTR-3B for November 2023.

Posted in GST |   8370 Views



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