By: AdminMay 22, 2024Categories: GST Recent News4 Min Read A study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research has listed out a series of…
GST evasion in construction, works contracts exceeds ₹10,000 crore in FY24
By: AdminMay 22, 2024Categories: GST Recent News4 Min Read As the Narendra Modi government plugs Goods and Services Tax (GST) leakage across the country, over ₹10,000 crore of evasion has…
GST council unlikely to reverse 28% tax on online gaming; Relief on retrospective tax claims under consideration
By: AdminMay 21, 2024Categories: GST Recent News4 Min Read The GST Council is unlikely to reverse the 28% goods and services tax (GST) on the online gaming industry, despite concerns…
Ice cream companies pin hopes on post-election GST rate cut
By: AdminMay 21, 2024Categories: GST Recent News4 Min Read Ice cream companies have doubled down on their efforts to reduce GST rate by approaching the President, who has duly forwarded…
HC denies anticipatory bail to fraud who evaded taxes worth ₹24 cr
By: AdminMay 21, 2024Categories: GST Recent News4 Min Read The Bombay high court has refused anticipatory bail to Manish Sen, who allegedly deceived job seekers into opening multiple bank accounts…
Clarification Expected on GST for NBFC Co-Lending Arrangements
By: AdminMay 21, 2024Categories: GST Recent News4 Min Read The government has assured non-banking financial companies (NBFCs) that it will review the concerns regarding the imposition of goods and services…
GST on online gaming: Full rollback of 28% tax unlikely
By: AdminMay 20, 2024Categories: GST Recent News4 Min Read Even as the online gaming industry awaits a review of the 28% goods and services tax (GST) on the sector, the…
GST officers working on registration mechanism for ‘shared warehouse’ for e-commerce suppliers
By: AdminMay 20, 2024Categories: GST Recent News4 Min Read GST authorities are working out a mechanism to deal with the taxation and registration issues related to shared warehouses maintained by…
Noida: Three more gang members held in ₹10K-cr GST fraud
By: AdminMay 20, 2024Categories: GST Recent News4 Min Read The Noida police said on Saturday that they have arrested three more members of a gang allegedly involved in a ₹10,000…
Kerala: Residential training for GST officials raises eyebrows
By: AdminMay 20, 2024Categories: GST Recent News4 Min Read Around 160 officials in the Enforcement Wing of the state Goods and Service Tax (GST) department will be undergoing a six-day…