The Insurance Regulatory and Development Authority of India (IRDAI) and the Department of Financial Services (DFS) have voiced their support for a proposal to reduce Goods and Services Tax (GST)…
GSTN Issues Advisory on Table 8A and 8C Mismatch in GSTR-9 for FY 2023-24
The GST Network (GSTN) issued Advisory No. 557 on December 9, 2024, addressing concerns related to mismatches between Table 8A (auto-populated data from GSTR-2B) and Table 8C (manually filled data)…
No Pending GoM Report on GST Rate Rationalisation: Finance Ministry Clarifies
On December 9, 2024, the Finance Ministry clarified that the Group of Ministers (GoM) on rate rationalisation has not submitted any pending report to the GST Council. Minister of State…
Copper Trader Denied Bail in ₹19 Crore GST Evasion Case
In a significant step against GST evasion, the Additional Metropolitan Magistrate in Surat rejected the bail plea of Sandeep Anwar Virani, a partner at Fortune Copper Industries. The authorities arrested…
Advisory on Mandatory Sequential Filing of GSTR-7 Returns
The GSTN issued Advisory No. 555 on December 4, 2024, regarding the mandatory sequential filing of GSTR-7 returns, effective from November 1, 2024, as per Notification No. 17/2024-Central Tax dated…
Refund Rejection Invalid Without Proper Information: Madras High Court
The Hon’ble Madras High Court, in the case of Tvl. Orange Sorting Machines (India) (P.) Ltd. v. Additional Commissioner [W.P. No. 4211 of 2024, dated February 23, 2024], held that…
Karnataka Clocks 15% GST Growth; CM Siddaramaiah Targets Higher Revenue Collection
Karnataka recorded a 15% growth in GST collections in November 2024, second only to Maharashtra. The state's GST revenue for the month stood at ₹13,772 crore, as revealed during a…
Haryana GST Department Launches Start-Up GST Facilitation Cell in Gurugram
The Haryana Excise and Taxation Department, through Order No. 1178/GST-I dated November 28, 2024, introduced the Start-Up GST Facilitation Cell (SUGFC) in Gurugram. The initiative is designed to assist emerging…
Rajasthan GST Department Issues Order on Scrutiny of Returns
The Rajasthan Commercial Taxes Department, via an Order dated November 29, 2024, assigned territorial jurisdiction under the Rajasthan GST Act, 2017 for the scrutiny of GST returns. Key Highlights of…
Haryana GST Department Launches MSME GST Facilitation Cell (MSME-GFC)
The Haryana Excise and Taxation Department, through Order No. 1177/GST-I dated November 28, 2024, has introduced the MSME GST Facilitation Cell (MSME-GFC) at Vanika Bhawan, Panchkula, to provide focused assistance…