A politician has warned the planned introduction of a goods and services tax (GST) is likely to be set at 8% and not 5%.
Last chance for businesses to claim pending ITC under GST mechanism before November 30 deadline. Be vigilant for new changes.
Madras High Court remanded the matter back for reconsideration with condition to remit 5% of disputed tax demand since the tax proposal was confirmed because the tax payer did not appear for the ...
The GST department has launched a crackdown on more than 1,000 suspicious firms in Madhya Pradesh, unveiling tax evasion worth Rs 124 crore and freezing Input Tax Credit (ITC) worth Rs 25 crore.
Such disputes will be history if we adopt a single-rate expenditure tax, GST, in this instance. Here, we will have a set of ...
Madras High Court remitted the matter of imposition of GST on entire differential turnover since petitioner failed to ...
In a significant divergence, Kerala's GST Authority for Advance Ruling (AAR) has declared the Adani-operated ...
The GST inspection focused on reported mismatches between GST return filings in forms GSTR-3B and GSTR-2A across the ...
Faced with an ever-rising structural deficit in public finances, deputies approved the move by 20 votes to 15. The States ...
The new Invoice Management System (IMS) in the GST portal is designed to significantly reduce Input Tax Credit (ITC) discrepancies and associated litigation risks. Set to launch on November 14, 2024, ...
GST Council to meet post winter session to discuss rate rejig on insurance, bottled water, bicycles, wristwatches, and shoes.
The company said it paid Rs 1.74 crore including interest due to discrepancies in GST returns, in the previous financial ...