Last Updated:February 21, 2025, 14:49 IST Bajaj Electricals Ltd on Friday said it has received a demand of Rs 14.08 crore from GST authority in Punjab for alleged mismatch in input tax credit (ITC) claimed by it. GST Bajaj Electricals Ltd on Friday said it has received a demand of Rs 14.08 crore from GST…
Last Updated:February 16, 2025, 16:05 IST The GST Network has introduced a new feature in the e-Way Bill (EWB) system to enable unregistered dealers to generate e-Way Bills for the movement of goods; here’s a step-by-step guide: GST: Unregistered dealers, who previously faced challenges in generating e-Way Bills, can now do so without needing a…
New Delhi: Online food delivery platform Zomato has received a fresh goods and services tax (GST) demand and penalty order of more than Rs 2 crore from Delhi’s sales tax officer. The order consists of Rs 2,22,91,376 in GST demand with interest of Rs 2,08,98,164 and a penalty of Rs 22,29,136 for the April 2018…
Last Updated: October 12, 2023, 15:40 IST GST on Gangajal: The Central Board of Indirect Taxes and Customs (CBIC) on Thursday issued a clarification stating that Ganga river water is exempt from GST. CBIC said: “Gangajal is used in pooja by households across the country and puja samagri is exempt under GST. GST on puja…
The 52nd meeting of the GST Council was held on October 7, 2023 GST Council will have to take a call on the issue of ‘GST compensation cess’ with regard to its name, and the modalities for its distribution among the states The GST Council will decide on the modalities for appropriating the revenue collected…
FM Nirmala Sitharaman at 52th GST Council Meeting in New Delhi on October 7 This is a change from the earlier age limit of 67 and 65 years, respectively, for the President and members of GSTAT. The GST Council on Saturday decided to cap the maximum age of President and members of the GST Appellate…
Union Finance Minister Nirmala Sitharaman at the 52nd meeting of the GST Council in New Delhi on October 7 52th GST Council Meeting: The Council in its 50th meeting approved levying a 28 per cent tax on the full face value of bets in online gaming 52nd GST Council Meeting: Following its 52nd meeting in New…
Read more expected to exempt extra neutral alcohol (ENA) or high distilled alcohol from GST. It is also likely to clarify the levy of tax on bank and corporate guarantees provided by directors and promoters to a company. The Council may also consider concessional tax rate of 18% on vehicles purchased by visually impaired persons,…
Union FM Nirmala Sitharaman chairing the 51st meeting of the GST Council, via video conferencing, in New Delhi on Aug 2. (Image: Ministry of Finance) 52nd GST Council Meeting: The October 7th meeting is anticipated to resolve the legal operational challenges of implementation faced by states 52nd GST Council Meeting October 7, 2023: The upcoming…
Curated By: Business Desk Last Updated: September 29, 2023, 13:25 IST The amendments to two GST laws were passed in the Lok Sabha during its final session of the monsoon season. This decision was taken on the recommendation of a group of ministers looking at taxing casinos, horse racing, and online gaming. The Goods and…