By: AdminMay 04, 2024Categories: GST Recent News4 Min Read With the State government expected to shortly issue the long-awaited order exempting royalty and Goods and Services Tax (GST) for raw…
Ram Mandir visits, aggressive capex drive Uttar Pradesh’s impressive GST revenue growth in April
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read India’s record goods and services tax (GST) collection of Rs 2.10 lakh crore in April 2024 witnessed an interesting trend: Uttar…
GST on online gaming companies: SC likely to hear pleas challenging 28% GST in July
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read The Supreme Court on May 3 indicated that in July 2024 it would hear a batch of petitions challenging demand notices…
Karnataka GST collection not slowing down: Govt
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Additional Chief Secretary (Finance) L.K. Atheeq has clarified to businessman T.V. Mohandas Pai that Karnataka GST collection is not slowing down.…
Yes Bank slides 3% on GST penalty; brokerage maintains ‘Sell’ rating
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Shares of Yes Bank dipped 3.44 per cent at Rs 24.55 a per share on the BSE in Thursday’s intraday trade.…
Simplify GST compliance procedures: Agro Food Chamber
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read The Agro Food Chamber had appealed to the Union government to simplify compliance procedures and rationalise tax rates of the Goods…
Mizoram reports record GST collections in April, 4 NE states see negative growth
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Mizoram recorded its highest proportion growth at 52 percent in Goods & Services Tax (GST) collections in April, while four of…
Clarification on the applicability of 3% amount on account of non-achievement of minimum Value Addition as mentioned in para 4.49 (b) and amount equivalent to 10% of the CIF value in Para 4.49 (a)(ii) of HBP 2023
By: AdminMay 04, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT vide Policy Circular No. 02/2024 dated April 03, 2024 has issued Clarification on the applicability of 3% amount on…
CBIC Exempts Import Duty on Desi Chana till 2025, Imposes 40% Export Duty on Onions, Extends Yellow Peas Exemption Condition
By: AdminMay 04, 2024Categories: CBIC|Notification And Circular>Customs4 Min Read The CBIC vide Notification No. 24/2024-Customs dated May 03, 2024 amends the specified customs tariff notifications to exempt applicable import duty…
Why do we have to pay a GST of 28%?’: Managing Director of Bajaj Auto slams high tax rates on commuter bikes
By: AdminMay 04, 2024Categories: GST Recent News4 Min Read Managing Director of Bajaj Auto, flagged the steep taxation on commuter motorcycles and sought a more manageable GST rate. The Bajaj…