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…
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…
DGFT suspended the inoperative Standard Input-Output Norms (SIONs) with immediate effect
By: AdminMay 03, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT issued Public Notice No. 03/2024-25 dated May 03, 2024 regarding the suspension of inoperative Standard Input-Output Norms (SIONs) with…
Zomato Slapped With Fresh GST Demand Notice Of ₹2 Crore
By: AdminMay 03, 2024Categories: GST Recent News4 Min Read Online food delivery aggregator Zomato has been slapped with a fresh goods and services tax (GST) demand and penalty order of…
J&K GST growth stumbles, revenue drops by 2% to Rs 789 Crore in April
By: AdminMay 03, 2024Categories: GST Recent News4 Min Read After a continuous upswing for months together, Jammu and Kashmir clocked negative growth with two percent vis-a-vis GST revenue collection during…
Government proposes new explosives law, to repeal old act
By: AdminMay 03, 2024Categories: News4 Min Read The government is planning to replace the existing Explosives Act of 1884 with a new law to further promote ease of doing business…
2nd blow: Patanjali asked to pay Rs 27.5 crore for GST infraction
By: AdminMay 03, 2024Categories: GST Recent News4 Min Read In a double blow to Patanjali, the Directorate General of GST Intelligence (DGGI) in Chandigarh has imposed a hefty penalty of…
Edelweiss Financial Services subsidiary gets Rs 28.78 crore income tax demand
By: AdminMay 03, 2024Categories: Income Tax|Income Tax News4 Min Read Edelweiss Financial Services on Wednesday said its subsidiary Ecap Equities has received an income tax demand notice of Rs 28.78…
Madhya Pradesh Records 30% GST Collection Growth, Highest In Country
By: AdminMay 03, 2024Categories: GST Recent News4 Min Read Madhya Pradesh has topped in the country in GST collection. While GST collection growth at national level in April was 11%…