As the Union Budget approaches, India's electric vehicle (EV) industry is advocating for substantial support to enhance the sector's growth and sustainability. Key demands include increased subsidies, reduced GST on…
GST Compliance in Telangana Improved to 82%: Commercial Taxes Officer
By: Admin | July 20, 2024 | Categories: GST Recent News The Goods and Services Tax (GST) compliance in Telangana has significantly improved, rising from 68% to 82% over the…
Budget 2024: Indian Auto OEMs Put High Hopes on Localisation, GST Cut, Sustainable Mobility
By: Admin | July 20, 2024 | Categories: GST Recent News As the Union Budget 2024 approaches, the Indian automobile industry has high expectations for policies that will drive growth…
No GST Registration for Identified Taxpayers Without Biometric Aadhaar Authentication and In-Person Verification
The Central Board of Indirect Taxes and Customs (CBIC) announced on July 19, 2024, that a biometric-based Aadhaar authentication process for GST registration is now mandatory for taxpayers identified through…
Oil and Gas Sector Hopes for Inclusion in GST Regime
The oil and gas industry is advocating for inclusion in the Goods and Services Tax (GST) regime, hoping for tax relief and financial stability. An additional duty, the Special Additional…
Kerala to Forego Rs 741 Cr by Exempting GST Share for Ernakulam Bypass & Kollam-Chengotta Road Work
By: AdminJuly 19, 2024Categories: GST Recent News4 Min Read Kerala Government Exempts GST and Royalty for National Highway Projects In a significant move aimed at boosting infrastructure development, the Kerala…
Nazara Technologies Faces Rs 1,120 Crore GST Liability Notices; Subsidiaries Plunge 5%
By: AdminJuly 19, 2024Categories: GST Recent News4 Min Read Nazara Technologies Subsidiaries Face Rs 1,120 Crore GST Liability Notices, Shares Plummet 5% Shares of Nazara Technologies witnessed a sharp decline…
Kerala HC Orders Completion of GST Tribunal Selection Process in Four Months
By: AdminJuly 19, 2024Categories: GST Recent News4 Min Read Kerala High Court Directs State Government to Expedite GST Appellate Tribunal Selection Process In a recent development, a Division Bench of…
Telangana HC Questions State Funding of CM and Ministers’ Income Tax
By: AdminJuly 18, 2024Categories: Income Tax News|News4 Min Read Challenging Taxpayer Funds: PIL Questions State Payment of Officials' Income Tax In a significant legal development, the Telangana High Court has…
Fresh Opportunity of Hearing Granted for Non-Compliance with Circular Guidelines on ITC Discrepancies
By: Admin Date: July 17, 2024 Categories: Important Pronouncements The Karnataka High Court, in the case of R.S Marketing and Logistics Private Ltd. v. Commercial Tax Officer [W.P No. 7295…