GST News

80 Online Gaming Companies Under Scrutiny for Alleged GST Evasion

26 September 2023 at 08:47

About 80 online gaming companies in India are facing tax notices for alleged GST evasion totaling ₹10,000-12,000 crore (10-12 billion INR).

Posted in GST | 7140 Views

FM Nirmala Sitharaman hails Northeast as the biggest beneficiary of GST

26 September 2023 at 08:47

Finance Minister Nirmala Sitharaman has highlighted the positive impact of the Goods and Services Tax (GST) on the revenue collections of North Eastern states.

Posted in GST | 2469 Views

LIC Receives GST Bill Exceeding Rs 290 Crore from Bihar Tax Department

25 September 2023 at 09:01

The Life Insurance Corporation of India (LIC) has received a Goods and Services Tax (GST) demand, which includes interest and penalty, from Bihar state tax officials amounting to over Rs 290 crore.

Posted in GST | 19854 Views

GSTN launches 'Track Application Status' tab for GST Registration

25 September 2023 at 08:58

GSTN has introduced a new 'Track Application Status' tab in the GST registration process.

Posted in GST | 18750 Views

GST Biometric & Geotagging Tests Delayed Over Data Access: Official

21 September 2023 at 08:46

The Indian government is planning to implement biometric and geotagging authentication measures during the Goods and Services Tax (GST) registration process to prevent the registration of fake entities and curb false input tax credit claims.

Posted in GST | 5982 Views

GST Department Imposes Rs 50.19 Crore Penalty on 12 Firms in Fake Billing Case

21 September 2023 at 08:45

Punjab GST department has adjudicated 12 firms and imposed a penalty of Rs 50.19 crore against them.

Posted in GST | 4014 Views

GSTN releases Advisory on Geocoding Functionality for the Additional Place of Business

20 September 2023 at 08:48

GSTN is pleased to inform that the geocoding functionality for the "Additional Place of Business" address is now active across all States and Union Territories...

Posted in GST | 11166 Views

Madhya Pradesh Cabinet to Impose 28% GST on Online Gaming and Casino Deposits

18 September 2023 at 08:39

The Madhya Pradesh government is set to approve an Ordinance that will introduce new GST rates for online gaming. This move aims to increase the GST rate on online gaming, casinos, and horse racing to 28%.

Posted in GST | 3183 Views

ED Files Chargesheet in GST Fraud Investigation

18 September 2023 at 08:38

The Enforcement Directorate (ED) in Lucknow has filed a prosecution complaint in connection with a GST (Goods and Services Tax) fraud allegedly committed by Ashok Kumar Singh and his wife Sheela Singh, who are based in Bhadohi

Posted in GST | 4314 Views

GST Authorities to Pursue Fake ITC Investigations on 1.25 Lakh Entities Until December

16 September 2023 at 10:27

The Goods and Services Tax (GST) authorities in India are conducting follow-up investigations on more than 1.25 lakh entities until December in an effort to curb revenue leakages.

Posted in GST | 6162 Views