By: AdminSeptember 16, 2024Categories: GST Recent News4 Min Read The Group of Ministers (GoM), responsible for revising the GST compensation cess framework, will likely be led by Union Minister of…
HC directs Department to accept and dispose the appeal filed beyond condonable period due to Accountant’s illness
By: AdminSeptember 14, 2024Categories: Important Pronouncements4 Min Read The Hon’ble *Madras High Court, in the case of *Chandrasekaran Anand v. Deputy Commissioner (ST) [Writ Petition No. 13487 of 2024 dated…
Buyers May Not Benefit from Lower Insurance GST: Concerns Persist
States are preparing to address complaints about high GST rates on health and life insurance but face challenges in ensuring that reduced levies benefit consumers. Although lowering levies on life…
Mumbai Sessions Court Denies Bail to Ahmedabad Businessman in ₹175.93 Crore GST Refund Scam
On September 7, 2024, the Mumbai Sessions Court denied bail to Anilkumar Babulal Runthala, a 43-year-old businessman from Ahmedabad. He faces accusations in a ₹175.93 crore GST refund scam. This…
LIC Faces ₹230 Crore GST Penalties from Tamil Nadu and Telangana Authorities
On September 7, 2024, Life Insurance Corporation of India Ltd. (LIC) disclosed receiving substantial GST penalties totaling ₹230 crore from authorities in Telangana and Tamil Nadu. This development adds to…
GST Council Meeting on September 9: Key Proposals and Expected Changes
The GST Council’s upcoming meeting on September 9, 2024, will address several crucial issues affecting various sectors. Here’s a summary of the key proposals and anticipated changes: Continuation of Compensation…
GST Council to Discuss Key Amendment; Retro Tax Relief Likely for Online Gaming Companies
📅 By Admin | September 07, 2024📂 Categories: #GST #RecentNews⏳ 4 Min Read The GST Council will meet on September 9, 2024, to review an amendment to the GST Act…
Karnataka Government Urges PM to Abolish 18% GST on Health Insurance Premiums
📅 By Admin | September 07, 2024📂 Categories: #GST #RecentNews⏳ 4 Min Read On *Friday, September 6, the *Karnataka government made a formal appeal to *Prime Minister Narendra Modi, urging…
GST Council to Discuss Key Amendment, Retro Tax Relief Likely for Online Gaming Companies
📅 By Admin | September 07, 2024📂 Categories: #GST #RecentNews⏳ 4 Min Read GST Council to Discuss Amendment on September 9, 2024 The GST Council will meet on September 9,…
GST Relief on Health Insurance: Council to Consider 4 Options
📅 By Admin | September 07, 2024📂 Categories: #GST #RecentNews⏳ 4 Min Read GST Council to Review Health Insurance Tax Options The Goods and Services Tax (GST) Council will examine…