The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 30/2024–Central Tax, dated December 10, 2024, has extended the deadline for filing GSTR-3B returns for October 2024 for…
Punjab Pushes for GST Compensation Cess Extension
Punjab is advocating for the extension of the GST compensation cess beyond March 31, 2026. The state argues that extending the cess is essential to address the significant revenue shortfalls…
Rajasthan to Lead India with Faceless GST Tax Administration
Rajasthan will become the first state in India to introduce faceless/randomised tax administration. This initiative aims to improve transparency and efficiency in GST compliance across the state. Key Highlights of…
Proposal to Lower GST on Health Policies Gains Momentum
The Insurance Regulatory and Development Authority of India (IRDAI) and the Department of Financial Services (DFS) have voiced their support for a proposal to reduce Goods and Services Tax (GST)…
GSTN Issues Advisory on Table 8A and 8C Mismatch in GSTR-9 for FY 2023-24
The GST Network (GSTN) issued Advisory No. 557 on December 9, 2024, addressing concerns related to mismatches between Table 8A (auto-populated data from GSTR-2B) and Table 8C (manually filled data)…
No Pending GoM Report on GST Rate Rationalisation: Finance Ministry Clarifies
On December 9, 2024, the Finance Ministry clarified that the Group of Ministers (GoM) on rate rationalisation has not submitted any pending report to the GST Council. Minister of State…
Order Without Opportunity to Reply Violates Natural Justice: Madras High Court
In a significant judgment, the Madras High Court in Sundarapandian v. State Tax Officer-1 [W.P. (MD) 17429/2024, dated July 29, 2024] ruled that issuing an order without providing the taxpayer…
Copper Trader Denied Bail in ₹19 Crore GST Evasion Case
In a significant step against GST evasion, the Additional Metropolitan Magistrate in Surat rejected the bail plea of Sandeep Anwar Virani, a partner at Fortune Copper Industries. The authorities arrested…
Parliamentary Panel Report: One-Third Vacancies in CBDT and CBIC
A recent parliamentary panel report has uncovered a significant workforce shortage in two of India's premier tax authorities—the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect…
GSTN Advisory: Biometric-Based Aadhaar Authentication in Four States
On December 8, 2024, the Goods and Services Tax Network (GSTN) issued Advisory No. 556, introducing Biometric-Based Aadhaar Authentication and Document Verification for GST registration applicants. Notably, this new functionality…