GST News

DGGI Uncovers Rs 8000 Crore Fake GST Firm Scam Involving Pune-Based Auto Rickshaw Driver

29 October 2024 at 09:04

The Directorate of GST Intelligence (DGGI) has uncovered a massive fake GST firm scam worth between Rs 5,000 and Rs 8,000 crores.

Posted in GST | 2 comments | 1017 Views

GST a "Classical Example of Cooperative Federalism," Says CJI D Y Chandrachud

29 October 2024 at 09:01

Chief Justice of India (CJI) D Y Chandrachud emphasized the significance of cooperative federalism in the governance of India, calling the introduction of the Goods and Services Tax (GST) a "classical example" of this system.

Posted in GST | 477 Views

Manpower Supply to Foreign Firms for Work in India Will Attract GST: UPAAR Ruling

29 October 2024 at 09:00

In a recent ruling, the Uttar Pradesh Authority for Advance Ruling (UPAAR) stated that the supply of manpower for work in India to foreign clients, who have no permanent establishment in the country, will not be treated as an export of services and w

Posted in GST | 909 Views

Mumbai Customs Zone Issues Advisory Implicating Customs Brokers as Co-Noticees in Interpretative Disputes

28 October 2024 at 08:51

The Mumbai Customs Zone-II issued Advisory No. 02/2024 on October 23, 2024, making Customs Brokers co-noticees in cases involving interpretative disputes to ensure compliance.

Posted in GST | 405 Views

CBIC Issues Corrigendum to Clarify Provisions Under Section 16 of CGST Act, 2017

28 October 2024 at 08:48

The CBIC issued a corrigendum on October 25, 2024, to Circular No. 237/31/2024-GST, addressing implementation issues related to Section 16(5) and 16(6) of the CGST Act, 2017.

Posted in GST | 1845 Views

GST Panel Recommends Raising Affordable Housing Price Limit to Rs 56 Lakh Nationwide

28 October 2024 at 08:45

A government panel is considering raising the affordable housing price limit from ₹45 lakh to ₹56 lakh for the 1% GST rate, potentially making homes more affordable across India.

Posted in GST | 792 Views

Biometric-Based Aadhaar Authentication Introduced for GST Registrations to Curb Tax Fraud

28 October 2024 at 08:43

From October 8, biometric-based Aadhaar authentication and document verification will be mandatory for GST registration to combat tax fraud, the State GST Department announced.

Posted in GST | 840 Views

Massive GST Raid in Thrissur: 104 kg of Unaccounted Gold Seized by Officials in Kerala

25 October 2024 at 08:53

In a surprise operation, the State GST (SGST) department conducted one of Kerala's largest-ever raids on gold jewellers in Thrissur, seizing 108kg of gold linked to tax evasion.

Posted in GST | 1302 Views

AMMK General Secretary Urges Central Government to Abolish 18% GST on Cable TV Services

25 October 2024 at 08:48

AMMK General Secretary TTV Dhinakaran has called for the central government to eliminate the 18% GST on cable TV services, emphasizing the need for more affordable access to television.

Posted in GST | 978 Views

GST Clarity for Film Industry: Producers Guild's Four-Year Efforts Yield Victory

24 October 2024 at 08:54

In a landmark decision, the Ministry of Finance has issued a clarification regarding the Goods and Services Tax (GST) applicable to film distribution before October 2021, providing significant relief to the Indian film industry.

Posted in GST | 1752 Views