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NEWS
GSTR-1 filing due date to be extended till Apr 12: GSTN
Fri, Apr 12, 2024     Source : Economic Times
The GST Network (GSTN) on Thursday said the due date for filing return for outward supplies or GSTR -1 for March will be extended till April 12
NEWS
Ratio of GST collections to GDP is increasing, albeit at a slow pace
Wed, Apr 10, 2024     Source : Business Standard
GST receipts rose more than GDP growth in nominal terms in the past three years. But buoyancy came down from 1.6 to 1.3 during the period
NEWS
Zomato gets GST demand order of ?23.26 crore for FY 2018-19
Mon, Apr 01, 2024     Source : Mint
Online food delivery platform Zomato said, on March 31, that the company has received a GST demand order worth ?23.26 crore for FY 2018-19 from Karnataka tax authorities, on March 30.
INSURANCE NEWS
LIC receives GST demand notice of Rs 39.39 lakh from Gujarat I-T officials
Wed, Mar 27, 2024     Source : Business Standard
The company has received communication/demand order for interest and penalty from Additional Commissioner, Central Goods & Service Tax, Gandhinagar on January 3, 2024, LIC said in regulatory filing
MUTUAL FUNDS NEWS
Mutual funds get GST notices for exit load
Fri, Mar 22, 2024     Source : Financial Express
According to an official source, the amount being sought to be recovered from the MF firms could be over `150 crore.
NEWS
RBI injects Rs 75,000 crore before GST, advance tax payments
Sat, Mar 16, 2024     Source : Financial Express
GST payments are estimated to be around Rs 1.5 trillion while advance tax payments are estimated to be around Rs 1 trillion.
INSURANCE NEWS
Insurance cos plan to file writ petition seeking GST clarity
Wed, Mar 13, 2024     Source : Economic Times
Insurance players are planning to file a writ petition over the tax demand on commission paid for co-insurance, seeking a clarity from the court as levying Goods and Services Tax (GST) on the commission wi...
NEWS
Uncertainty looms over next GST Council meet as poll dates can be announced anytime
Thu, Mar 07, 2024     Source : Business Line
The Election Commission’s Model Code of Conduct prohibits the political party in power to make a policy decision which could, directly or indirectly, influence voters
NEWS
FM Sitharaman calls for clarity on GST classification-related issues
Tue, Mar 05, 2024     Source : Business Standard
CBIC gave a presentation that it has detected fake input tax credit claim of Rs 1.14 trillion from the year 2020 till date
NEWS
Sitharaman to inaugurate conference of GST enforcement chiefs on Monday
Mon, Mar 04, 2024     Source : Economic Times
Finance Minister Nirmala Sitharaman will inaugurate on Monday a conference of enforcement chiefs of all state and central GST officers to tackle tax evasion.
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