GST News

GST Uncertainty Hits Banking Sector's Brand Use

16 September 2023 at 10:24

The issue of the applicability of Goods and Services Tax (GST) on the use of a common brand name by all branches and subsidiaries of a bank has created uncertainty in the banking sector.

Posted in GST | 5916 Views

40 online gaming companies likely to receive GST evasion notices

15 September 2023 at 08:50

About 40 online gaming companies, including Gameskraft Technology Private Limited (GTPL), are under investigation for alleged tax evasion.

Posted in GST | 3891 Views

State Benches of GST Appellate Tribunal Officially Notified

15 September 2023 at 08:49

Central Government has notified the State Benches of the GST Appellate Tribunal (GSTAT) on September 14, 2023. The notification was published in the Gazette of India.

Posted in GST | 10539 Views

Cabinet Grants Approval for Amendments to Meghalaya GST Act 2017

14 September 2023 at 08:52

Meghalaya Cabinet has approved amendments to the Meghalaya Goods and Services Tax Act, 2017. The amendments were approved on September 13, 2023.

Posted in GST | 4842 Views

Auto Industry Breathes Sigh of Relief as Gadkari Clarifies Diesel GST Plan

13 September 2023 at 08:48

There was some confusion and misreporting regarding the potential imposition of an additional 10% GST on diesel vehicles in India.

Posted in GST | 7677 Views

SC Ruling on Gameskraft GST Case: Game Changer for India's Gaming Industry

13 September 2023 at 08:44

The legal case involving Gameskraft and the alleged Rs 21,000 crore Goods and Services Tax (GST) evasion is significant for the broader real-money gaming industry in India.

Posted in GST | 9399 Views

CBIC Resolves Over 11,000 Public Grievances and Launches Swachhata Campaign 2.0

13 September 2023 at 08:44

CBIC disposes off 11,284 public grievances and more than 2,082 public grievance appeals between Nov. 2022 and August, 2023, besides 195 outdoor campaigns across all CBIC field offices under Special Campaign 2.0 for Swachhata

Posted in GST | 2973 Views

GST Authority Sets 30-Day Invoice Reporting Deadline for High-Turnover Taxpayers Starting 1st Nov 2023

12 September 2023 at 08:46

The GST Authority has imposed a time limit of 30 days for reporting invoices from the date of invoice on e-invoice portals for taxpayers with an Aggregate Annual Turnover (AATO) equal to or exceeding 100 crores.

Posted in GST | 16032 Views

Pidilite Industries Faces Rs 2.64 Lakh GST Penalty Over ITC Dispute

11 September 2023 at 08:44

Pidilite Industries, a company known for adhesive, waterproofing solutions, and construction chemicals, has been fined Rs 2.64 lakh by the GST (Goods and Services Tax) department in India.

Posted in GST | 1 comments | 7212 Views

Businessman booked for Rs 12.36 Crore ITC Scam

11 September 2023 at 08:43

The businessman, Surender, has been booked by the UT excise department for allegedly cheating them out of ₹12.36 crore through fake input tax credit claims.

Posted in GST | 3738 Views