By: AdminMay 07, 2024Categories: GST Recent News4 Min Read Finance minister Nirmala Sitharaman on Monday sought to dispel the “myth” that all GST collections are “pocketed by the Centre.” “GST…
LTIMindtree gets GST demand worth Rs 155 crore from Maharashtra, plans to contest the order
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read Technology consulting company LTIMindtree has said that it will be contesting a tax demand order worth Rs 155.7 crore - inclusive…
High GST rate is a big factor in low sales of entry-level cars: FADA
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read The Goods and services tax (GST) should come down to at least 18 per cent for automobiles, as it is one…
IDBI Bank gets ₹2.97 crore GST demand order
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read IDBI Bank on Tuesday said it has received a GST demand order of ₹2.97 crore along with interest and penalty for…
Govt adopted pro-poor approach in GST implementation, revenues reached pre-GST levels: FM Nirmala Sitharaman
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read Finance Minister Nirmala Sitharaman on Monday said the government has adopted “a pro-poor approach” while implementing Goods and Services Tax, and…
West Bengal AAR rules in favour of lower GST on ‘demo car’ sale loss
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read In what could set a precedent for all automobile manufacturers and dealerships in the country, the Authority for Advance Ruling (AAR)…
GST helped states earn 24% more than the old regime: FM Sitharaman
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read Finance minister Nirmala Sitharaman on Monday dismissed concerns that rising goods and services tax (GST) collections were solely benefiting the Centre.…
Ministry of Finance Updates Authorized Banks List for Customs effective from April 01, 2024
By: AdminMay 07, 2024Categories: CBIC|Notification And Circular>Customs4 Min Read The Ministry of Finance vide Notification No. 25/2024 - Customs, dated May 06, 2024 has amended Notification No. 50/2017-Customs dated June…
Govt may up GST return discrepancy threshold for notices, says source
By: AdminMay 07, 2024Categories: GST Recent News4 Min Read In a bid to streamline the flurry of automated goods and services tax notices for discrepancies in companies' returns from the…
DGFT; Export of food commodities through National Cooperative Exports Limited (NCEL)
By: AdminMay 06, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT issued Notification No. 11/2024-25 dated May 06, 2024 regarding the export of 14,000 MT of Non-Basmati White Rice to…