By: Admin|August 09, 2024|Categories: GST Recent News Should Fancy Number Plates Be Subject to GST? A Look into the Debate Recently, field formations have asked the Finance Ministry to clarify…
New GSTN Functionality: Easily Add or Amend Bank Account Details on the Portal
By: Admin|August 09, 2024|Categories: GST Portal Updates|Important News The Goods and Services Tax Network (GSTN) has introduced a new functionality that allows taxpayers to easily add or amend their bank…
Kerala AAR Defines GST Rates: 5% for Counter Sales, 18% for Hotel Premises
By: Admin|August 09, 2024|Categories: GST Recent News Introduction Devalokam Bakery, a well-known Ernakulam-based establishment, has recently received a significant ruling from the Kerala Authority for Advance Ruling (AAR) regarding the…
GST Reimbursement for Handloom Weavers in Andhra Pradesh: A Complete Guide
By: Admin|August 09, 2024|Categories: GST Recent News In a significant move to support the handloom weaving community in Andhra Pradesh, Chief Minister Nara Chandrababu Naidu recently announced a reimbursement of…
Deadline Alert: Multi-State Companies Must Register as ISD with GST Authorities by April 1, 2025
By: Admin|August 08, 2024|Categories: GST Recent News In a significant development for businesses operating across multiple states, the government has mandated that companies distributing common input tax credits (ITC) through…
73-74% of GST from Health and Insurance Premiums Allocated to States, Says Nirmala Sitharaman in Lok Sabha
By: Admin|August 08, 2024|Categories: GST Recent News Union Finance Minister Nirmala Sitharaman addressed the Lok Sabha on Wednesday regarding the Goods and Services Tax (GST) applied to health and insurance…
Make GST Payments Easily with Karnataka Bank’s UPI Mode
By: Admin|August 08, 2024|Categories: GST Recent News Karnataka Bank has officially launched its new facility allowing GST payments through UPI, positioning itself as one of the first banks to provide…
Lower GST Revenue Growth in Telangana: Insights and Analysis
By: Admin|August 08, 2024|Categories: GST Recent News Telangana has recently reported a modest growth of only 7% in Goods and Services Tax (GST) revenues for July 2024, significantly lower than…
Pune CGST Commissionerate Busts Fake Invoice and ITC Trading Racket
By: Admin|August 08, 2024|Categories: GST Law|Press Release Introduction In a significant move to combat tax evasion and fraudulent activities, the officers of Anti-Evasion, Pune-II, under the CGST Commissionerate of Pune…
FM Sitharaman to Discuss Removal of 18% GST on Life and Health Insurance with GST Council
By: Admin|August 08, 2024|Categories: GST Recent News Introduction In a recent discussion regarding the amendments to the Finance Bill 2024, Finance Minister Nirmala Sitharaman tackled the contentious issue of the…