By: AdminJune 08, 2024Categories: Central Excise4 Min Read In a move that could ease the burden for petroleum and tobacco players in the country, the finance ministry is all set…
GST department makes one more arrest under Operation Palm Tree
By: AdminJune 08, 2024Categories: GST Recent News4 Min Read The Kerala State Goods and Services Tax (SGST) department has made one more arrest under Operation Palm Tree, a drive launched…
Flour mixes with additives attract 18% GST, clarifies Gujarat AAAR
By: AdminJune 08, 2024Categories: GST Recent News4 Min Read The Gujarat Appellate Authority for Advance Ruling has clarified that flour mixes containing additives attract an 18% Goods and Services Tax…
GST rate rationalisation may see further delay
By: AdminJune 07, 2024Categories: GST Recent News4 Min Read With a new coalition government at the helm, a key economic reform involving GST rate rationalisation may be further delayed. Many…
CPC(TDS) Reprocesses FY 2023-24 TDS Returns, Removes Short Deduction Demands as per Circular 6/2024 Relaxation on PAN-Aadhaar Linkage
By: AdminJune 06, 2024Categories: Income Tax News|News4 Min Read The CPC(TDS) has reprocessed the affected TDS returns and removed the short deduction demands from the returns for FY 2023-24, in…
New government must untangle the GST complexities, says trade body
By: AdminJune 06, 2024Categories: GST Recent News4 Min Read The bonafide grievances of traders related to the highly-complicated GST system must be addressed by the new government to be formed…
DGGI busts ₹80 crore GST evasion by peanut butter companies in Gujarat
By: AdminJune 05, 2024Categories: GST Recent News4 Min Read The Directorate General of GST Intelligence (DGGI), Ahmedabad Zonal Unit, raided five companies in Mahuva taluka and seven other locations in…
Goa GST Department Issues Guidelines for Early Recovery Proceedings Before 3 Months from Demand Order Service Date
By: AdminJune 05, 2024Categories: State GST Notification and Circular4 Min Read The Goa GST Department issued Instructions vide No. CCT/26-2/GST Instructions/2024-25/849 dated June 03, 2024, prescribing guidelines for the initiation…
IATA opposes GST levy on foreign airlines in India
By: AdminJune 04, 2024Categories: GST Recent News4 Min Read Foreign airlines operating in India should not be liable to pay goods and services tax (GST) on services provided by their…
J&K improves GST revenue collection; registers 24% growth in May – Greater Kashmir
By: AdminJune 04, 2024Categories: GST Recent News4 Min Read Jammu and Kashmir, after clocking negative growth with two percent vis-a-vis GST revenue collection during April 2024, regained its upswing by…