GST

Zomato Gets Tax Demand Order Of Rs 23.26 Crore

In a regulatory filing to the BSE, the company said it has "received an order for FY 2018-19 pursuant to the audit of GST returns and accounts.

Mar 31, 2024, 16:07 PM IST

Deadline For GST Composition Scheme Is March 31: Check What It Is, How To Opt, And More

The Composition Scheme under the Goods and Services Tax (GST) offers a straightforward and hassle-free tax solution for small businesses.

Mar 17, 2024, 13:23 PM IST

GST Collections In Feb Rise 12.5 Pc To Cross Rs 1.68 Lakh Crore

The growth was driven by a 13.9 per cent rise in GST from domestic transactions and 8.5 per cent increase in GST from import of goods. 

Mar 01, 2024, 17:20 PM IST

Rs 1 Lakh Penalty For Tobacco Product Makers If They Fail To Do THIS

The Finance Bill, 2024, introduced amendments to the Central GST Act, where a penalty of Rs 1 lakh would be levied for every machine OF tobacco products not registered with the GST authorities. 

Feb 05, 2024, 09:17 AM IST

FinMin Says Future Reforms Include Reducing Compliance Burden For MSMEs, Energy Security

The rapidly expanding digital infrastructure is continuously improving institutional efficiency. 

Jan 29, 2024, 20:21 PM IST

Zomato, Swiggy Slapped With Rs 500 Crore GST Notice Each: Report

There is often a dispute between tax officers and food delivery apps regarding the delivery fee, which involves nearly Rs 1000 crore, according to the reports.

Nov 22, 2023, 20:55 PM IST

Multiple Lawsuits In US, Canada Courts Against Dabur Firms For Cancer Causing Products

Over 5,400 cases have been filed in courts alleging that Dabur subsidiary firms  --Namaste Laboratories, Dermoviva Skin Essentials and Dabur International -- selling hair products are causing cancer.

Oct 19, 2023, 11:53 AM IST

Dabur In Big Trouble, Company Gets GST Demand Notice Of Rs 321 Crore Including Interest, Penalty

FMCG Major Dabur India has recieved GST demand notice of Rs 321 crore including interest and penalty.

Oct 17, 2023, 16:00 PM IST

18% GST On Gangajal? Check What The Authority Says

The need for clarity regarding the GST imposed on Gangakjal arose as a result of many media stories claiming that the item was subject to an 18 percent GST.

Oct 12, 2023, 16:46 PM IST

'Nakali Rambhakt Exposed': Chhattisgarh CM Bhupesh Baghel Slams Centre Over GST On Gangajal

Chhattisgarh CM Bhupesh Baghel accused the BJP government of undermining religious sentiments, demands reversal of GST on Ganga water.

 

Oct 10, 2023, 16:10 PM IST

GST Amnesty Scheme: Big Relief Announced For Taxpayers At 52nd GST Council Meet - Check Here

In its meeting on Saturday, the 52nd GST Council extended the deadline for GST-registered enterprises to file appeals with an increased pre-deposit of 12.5 percent of the tax demand.

Oct 08, 2023, 09:54 AM IST

GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September

The revenue in September 2023 was 10 percent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.

Oct 02, 2023, 18:06 PM IST

Maruti Suzuki Receives Rs 139.3 Crore Show Cause Notice From GST Authority

Maruti Suzuki will file a reply to the show cause notice before the Adjudicating Authority; while the company said there is no impact on financial, operation or other activities due to the notice.

Oct 01, 2023, 15:48 PM IST

GST Council To Meet On Oct 7; Check What's In Agenda

The amendments also make registration mandatory for offshore e-gaming companies operating in India. It also provides for blocking of access in case offshore platforms fail to comply with GST registration and tax payment norms.

Sep 27, 2023, 11:58 AM IST

Dream11 Challenges Rs 25,000 Crore GST Notice In Bombay HC

Last year, Dream11 posted a net profit of Rs 142 crore from an operating revenue of over Rs 3,840 crore, according to Moneycontrol.com.

Sep 27, 2023, 09:12 AM IST

GST Collections For August At Rs 1,59,069 Crore, 3.6% Lower Than July

The government has settled Rs 37,581 crore to CGST and Rs 31,408 crore to SGST from IGST. The total revenue of Centre and the states in August 2023 after regular settlement was Rs 65,909 crore for CGST and Rs 67,202 crore for SGST. The revenues for August 2023 are 11 per cent higher than the GST revenues in the same month last year.

Sep 01, 2023, 19:13 PM IST

GST Reward Scheme: Govt Plans To Provide Cash Prize Up To Rs 1 Cr To Individuals Soon Under 'Mera Bill Mera Adhikar'

GST Network (GSTN) has developed the technology platform which will enable citizens to register themselves and upload invoices on a user-friendly mobile application and portal.

Aug 20, 2023, 12:57 PM IST

Homegrown Gaming Platform MPL Lays Off 50% Of Workforce Amid 28% GST Regime

MPL has Peak XV, Times Internet, MSA Novo, Crown Capital, Composite Capital and Moore Strategic Ventures among its investors.

Aug 09, 2023, 07:22 AM IST

Indian Gaming App MPL To Lay Off 350 Employees Post 28% GST On Online Gaming

Half the workforce employed by the company could be laid off, with the product team to be the most affected with more than 60 job cuts, a source familiar with the information told Reuters. The source could not be named as they are not authorised to speak to the media.

Aug 08, 2023, 20:05 PM IST

28% GST On Online Gaming Stays; To Be Reviewed After 6 Months Of Roll-Out

The panel had at its last meeting decided to levy a 28 percent GST on the full face value of bets placed and Wednesday's meeting was to deliberate on the tax law changes that would be required to implement it.

Aug 02, 2023, 21:01 PM IST