Login  |  Register  |  Forgot Password 
Below Login Ad

News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : GST

CBI books 3 GST officials for demanding Rs 22 lakh bribe
Posted Date : 27-Mar-2024 , 04:12:07 pm | Posted By CASANSAAR

The CBI has booked two superintendents of central GST along with another official for allegedly demanding a sum of Rs 22 lakh from a bullion trader to settle a dispute. The accused individuals have been identified as Satish Sharma and Ankur Godyan, both serving as superintendents of central GST a...

Continue Reading...

Category : GST | Comments : 0 | Hits : 191

Two Multimillionaires Masterminds arrested in Rs. 10,000 Cr GST fraud case
Posted Date : 22-Mar-2024 , 07:36:27 am | Posted By CASANSAAR

The two suspects are multimillionaires, owning metal and scrap factories. Over the last three years, they have caused huge loss to the government by availing of ITCs fraudulently. With the arrest of two Haryana-based businessmen, the Noida Police on Wednesday evening claimed to have nabbed the &l...

Continue Reading...

Category : GST | Comments : 0 | Hits : 605

GSTN Advisory on GSTR-1/IFF - Introduction of New 14A and 15A tables
Posted Date : 12-Mar-2024 , 09:06:33 pm | Posted By CASANSAAR

It is informed to all taxpayers that as per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new Table 14A and Table 15A have been introduced in GSTR-1 to capture the amendment details of the supplies made through e-commerce operators (ECO) on which e-commerce operators are ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 372

Pay 6% Interest for delayed GST Refund - HC directs GST Department
Posted Date : 10-Mar-2024 , 08:06:27 am | Posted By CASANSAAR

The Delhi High Court has directed the GST department to pay 6% interest on delayed IGST refund. The bench of Justice Sanjeev Sachdeva and Justice Ravinder Dudeja has observed that Section 56 of the CGST/DGST Act deals with the interest on delayed refunds. It provides that if any tax ordered to be...

Continue Reading...

Category : GST | Comments : 0 | Hits : 269

FinMin Sitharaman asks CBIC to settle classification issues
Posted Date : 06-Mar-2024 , 08:55:41 am | Posted By CASANSAAR

Finance Minister Nirmala Sitharaman has asked enforcement heads of state and central goods and services tax (GST) to settle tax cases linked to classification at its earliest. In her address at a conference of enforcement chief of the state and the central GST formations in New Delhi, she told of...

Continue Reading...

Category : GST | Comments : 0 | Hits : 250

GST revenue collected during February 2024 gross Rs. 1,68,337 Cr
Posted Date : 01-Mar-2024 , 09:09:02 pm | Posted By CASANSAAR

Gross Goods and Services Tax (GST) revenue collected for February 2024 is ?1,68,337 crore, marking a robust 12.5% increase compared to that in the same month in 2023. This growth was driven by a 13.9% rise in GST from domestic transactions and 8.5% increase in GST from import of goods...

Continue Reading...

Category : GST | Comments : 0 | Hits : 453

SC issues notice to central govt on GST anti-profiteering provisions
Posted Date : 14-Feb-2024 , 08:32:40 am | Posted By CASANSAAR

The Supreme Court on Monday issued a notice to the union government in a case relating to the constitutional validity of anti-profiteering provisions under the goods and services tax (GST). A three-judge bench comprising Chief Justice D Y Chandrachud, Justice J B Pardiwala and Justice Manoj Misra...

Continue Reading...

Category : GST | Comments : 0 | Hits : 655

CBIC cautions against fake GST summons, asks to check communications
Posted Date : 12-Feb-2024 , 07:35:34 am | Posted By CASANSAAR

The CBIC cautioned against fraudsters issuing fake GST summons and asked taxpayers to check the veracity of any communication received from GST authorities. In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said the Directorate General of GST Intelligence (DGGI) has recently ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 612

GST authorities issue notices over input tax credit discrepancies
Posted Date : 08-Feb-2024 , 07:26:30 am | Posted By CASANSAAR

Goods and services tax (GST) authorities have issued notices to several companies for discrepancy in claim of input tax credit, or ITC, people aware of the matter said. This follows close scrutiny of input tax availed by the companies and mismatch with their annual return. GST authorities have is...

Continue Reading...

Category : GST | Comments : 0 | Hits : 350

GST Council may consider pan-India rollout of biometric-based authentication for registration - CBIC
Posted Date : 02-Feb-2024 , 09:45:15 pm | Posted By CASANSAAR

The GST Council may take up a proposal to make biometric-based Aadhaar authentication mandatory pan-India for suspicious persons, seeking GST registration, CBIC chief Sanjay Kumar Agarwal said on Friday. Currently, two states — Gujarat and Andhra Pradesh — and the Union Territory of P...

Continue Reading...

Category : GST | Comments : 0 | Hits : 867

Rs. 1,72,129 Cr gross GST revenue collected during January 2024
Posted Date : 31-Jan-2024 , 09:31:58 pm | Posted By CASANSAAR

The gross GST revenue collected in the month of January, 2024 (till 05:00 PM of 31.01.2024) is Rs.1,72,129 crore, which shows a 10.4% Year-o-Year (Y-oY) growth over the revenue of Rs.155,922 crore collected in January 2023 (till 05:00 PM on 31.01.2023).   Notably, this is the...

Continue Reading...

Category : GST | Comments : 0 | Hits : 454

High Court upholds provisions of anti-profiteering under GST
Posted Date : 31-Jan-2024 , 09:05:16 am | Posted By CASANSAAR

The Delhi High Court on Monday upheld the constitutional validity of the provisions related to anti-profiteering under the Central Goods and Services Tax Act and the establishment of National Anti-Profiteering Authority In a setback to over 100 companies, including Hindustan Unilever (HUL), Nestl...

Continue Reading...

Category : GST | Comments : 0 | Hits : 467

GSTN Advisory on Urgent Submission of Bank Details to Avoid GSTIN Suspension
Posted Date : 24-Jan-2024 , 07:16:58 am | Posted By CASANSAAR

Advisory for furnishing bank account details by registered taxpayers under Rule 10A of the Central Goods and Services Tax Rules, 2017. Mandatory Bank Account Details Submission as per law: All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules fra...

Continue Reading...

Category : GST | Comments : 0 | Hits : 1123

GSTN Advisory on Payment through Credit Card (CC)/Debit Card (DC) and Unified Payments Interface (UPI)
Posted Date : 20-Jan-2024 , 08:31:23 am | Posted By CASANSAAR

To facilitate the taxpayer registered under GST with more methods of payment, two new facilities of payment have now been provided under e-payment in addition to net-banking. The two new methods are Cards and Unified Payments Interface (UPI). Cards facility includes Credit Card (CC) and Debit C...

Continue Reading...

Category : GST | Comments : 0 | Hits : 760

GST authorities drop plans to enforce stricter e-way bill norms
Posted Date : 11-Jan-2024 , 06:46:07 pm | Posted By CASANSAAR

Goods and Services Tax (GST) authorities have dropped a plan to block generation of goods transportation permits, or e-way bills, from 1 March for companies that fail to produce 'e-invoices' for their wholesale transactions through designated portals. These portals aid in more accurate data ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 807

29,273 bogus firms, GST evasion of Rs 44,015 Cr detected since May 2023
Posted Date : 08-Jan-2024 , 07:54:56 am | Posted By CASANSAAR

Goods and Services Tax (GST) authorities have detected 4,153 bogus firms involved in suspected evasion of input tax credit (ITC) worth around Rs 12,036 crore during October-December 2023, the Ministry of Finance said in a statement Sunday. While Maharashtra is in the top spot among 36 states and uni...

Continue Reading...

Category : GST | Comments : 0 | Hits : 381

GSTN Advisory on the functionalities available on the portal for the GTA taxpayers
Posted Date : 03-Jan-2024 , 08:27:08 am | Posted By CASANSAAR

Dear Taxpayers, The following Functionalities are made available on the portal for the GTA Taxpayers.   To Access: Post login on the FO portal-Click YES on the pop up message on post login (or) Navigate to Services>>User Services>>GTA>>Opting Forwa...

Continue Reading...

Category : GST | Comments : 0 | Hits : 1080

Zomato receives Rs. 402 Cr show cause notice for unpiad GST on delivery charges collected from customers
Posted Date : 28-Dec-2023 , 08:50:41 am | Posted By CASANSAAR

Online delivering platform Zomato Ltd, on December 28, announced that it has received show cause notice (SCN) from theGoods and Services Tax (GST) office for supposed tax liability of ?401.7 crore, in addition to interest and penalty on the delivery fee collection from its customer from the period o...

Continue Reading...

Category : GST | Comments : 0 | Hits : 477

GST Amnesty Scheme appeals applicable till 31st January 2024
Posted Date : 27-Dec-2023 , 08:10:23 am | Posted By CASANSAAR

In a bid to assist taxpayers grappling with Goods and Services Tax (GST) issues, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a significant amnesty scheme. This initiative allows specified GST taxpayers to lodge appeals against GST tax demand orders until January 31, 2024. ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 446

GST Act amendments to strengthen tribunals passed by Parliament
Posted Date : 21-Dec-2023 , 08:29:50 am | Posted By CASANSAAR

The Rajya Sabha on Wednesday passed the Central Goods and Services Tax (Second Amendment) Bill, 2023, which seeks to increase the upper age limit of president and members of the GST Appellate Tribunal and allows advocates with 10 years of experience to be eligible to become a member of the tribunal....

Continue Reading...

Category : GST | Comments : 0 | Hits : 356

Supreme Court quashes GST department's plea against HC order on input tax credit
Posted Date : 19-Dec-2023 , 08:38:39 am | Posted By CASANSAAR

The Supreme Court has quashed a petition filed by the authorities against a Calcutta High Court ruling that said that input tax credit (ITC) to a buyer cannot be denied on the ground that a seller has not paid tax under the goods and services tax (GST) regime unless there was a proper investigation....

Continue Reading...

Category : GST | Comments : 0 | Hits : 455

21,791 fake GST registrations, suspected tax evasion of Rs 24,000 Cr detected in special drive
Posted Date : 06-Dec-2023 , 08:33:50 am | Posted By CASANSAAR

Finance Minister Nirmala Sitharaman on December 5 said GST officers have detected 21,791 fake GST registrations and over Rs 24,000 crore of suspected tax evasion during a two-month-long special drive. In a written reply to a question in Rajya Sabha, the minister said to safeguard the interest of hon...

Continue Reading...

Category : GST | Comments : 0 | Hits : 986

GSTN Advisory for the procedures and provisions related to the GST Amnesty Scheme
Posted Date : 30-Nov-2023 , 07:35:33 am | Posted By CASANSAAR

Advisory for the procedures and provisions related to the amnesty for taxpayers who missed the appeal filing deadline for the orders passed on or before March 31, 2023. 1.   Amnesty for Taxpayers: The GST Council, in its 52nd meeting, recommended granting amnesty to taxpayers who...

Continue Reading...

Category : GST | Comments : 0 | Hits : 393

Faceless scrutiny assessment under GST may take some time - GSTN
Posted Date : 23-Nov-2023 , 07:09:48 am | Posted By CASANSAAR

GST authorities may take some time to introduce faceless scrutiny assessment of tax returns filed under Goods and Services Tax (GST), a senior official said on Wednesday. The faceless assessment — under which there is no physical interaction between the tax officer and the assessee and no phys...

Continue Reading...

Category : GST | Comments : 0 | Hits : 497

GST notice of Rs. 400 Cr Sent to Zomato, Rs. 350 Cr to Swiggy
Posted Date : 23-Nov-2023 , 07:06:55 am | Posted By CASANSAAR

Zomato and Swiggy, the country's top two food delivery aggregators, have reportedly come under the scrutiny of tax authorities, with notices of a combined value of ?750 crore sent to them, a report said on November 22. Zomato, which has the biggest share in India's online food delivery ma...

Continue Reading...

Category : GST | Comments : 0 | Hits : 601

Centre plans to appoint advocates as judicial members in GST Appellate Tribunal Benches
Posted Date : 22-Nov-2023 , 08:00:50 am | Posted By CASANSAAR

The government plans to amend the CGST Act in the winter session of Parliament that will allow advocates with experience in litigation to be appointed as judicial members in GST appellate tribunal benches. Finance ministry officials said the amendments would increase the maximum age of the presid...

Continue Reading...

Category : GST | Comments : 0 | Hits : 631

BharatPe Ex-CEO Ashneer Grover, Family Made Fake Multi-Crore Invoices - Sources
Posted Date : 16-Nov-2023 , 07:44:11 am | Posted By CASANSAAR

The Economic Offences Wing's (EOW) investigation into the alleged fraud at payments firm BharatPe has found a host of unexplained payments made to allegedly fake human resource consultancies by co-founder Ashneer Grover, his wife and the company's former head of controls Madhuri Jain Grover ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 1399

GSTN Advisory for Online Compliance Pertaining to ITC mismatch -GST DRC-01C
Posted Date : 16-Nov-2023 , 07:36:32 am | Posted By CASANSAAR

Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B Dear Taxpayers, 1. It is informed that GSTN has developed a functionality to generate automated intimation in Form GST DRC-01C which enables the taxpayer to explain the difference in Input tax credi...

Continue Reading...

Category : GST | Comments : 0 | Hits : 618

Over 100,000 small and mid-sized businesses flout GST e-invoicing rules
Posted Date : 10-Nov-2023 , 09:02:59 am | Posted By CASANSAAR

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore. E-invoicing provides real-time access to invoices that are prepared by the supp...

Continue Reading...

Category : GST | Comments : 0 | Hits : 695

CBIC clarifies on GST implications for electricity charges
Posted Date : 07-Nov-2023 , 09:04:29 am | Posted By CASANSAAR

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that when electricity charges are bundled with renting of immovable property and/or maintenance of premises, it will be considered a composite supply and subject to Goods and Services Tax (GST) at 18%. This is applicable even if th...

Continue Reading...

Category : GST | Comments : 0 | Hits : 748

News By Categories

More Categories

Search News

 
 
 

Get Gst news for gst tax,hst return,gst refund etc on casansaar in india even offers goods and services tax ,credit,number,cheques,rebate news details.

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Videos

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Refund Policy

 |   Contact us
 |   Blog

  |   Sitemap

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon
Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.