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CGST PENALTY
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...- Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- Meesho receives Rs 14.29 crore GST notice for non-collection of TCSValue commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand f...
- Has the GSTR-3B return filing due date for the March 2026 tax period been extended?Tax professionals are struggling to file GSTR-3B for March 2026. The GST portal is experiencing significant slowdowns, preventing logins an...
- Vodafone Idea shares in focus on receiving Rs 638 crore GST orderVodafone Idea shares are likely to stay in focus after the company received a CGST order confirming a tax demand, including penalty and int...
- VE Commercial Vehicles gets Rs 192.36 cr demand from GST authorityEicher Motors subsidiary VE Commercial Vehicles Ltd faces a GST demand of Rs 192.36 crore. This includes a penalty related to delayed repor...
- IndiGo faces nearly Rs 59 cr penalty in relation to GST; airline to contest orderIndiGo faces a significant penalty of nearly Rs 59 crore related to GST. The airline has been issued a demand notice along with a penalty f...
- IndiGo shares in focus as InterGlobe Aviation faces Rs 117 crore tax penaltyInterGlobe Aviation, the parent of IndiGo, disclosed receiving a Rs 117.52-crore penalty order from the CGST authorities for alleged wrongf...
- IndiGo gets ₹117.5 crore penalty order from CGSTIndiGo's parent company, InterGlobe Aviation, has received a penalty order of ₹117.52 crore from CGST Kochi Commissionerate. The order pert...
- ICICI Bank shares in focus after receiving Rs 216 crore GST noticeICICI Bank share price: ICICI Bank disclosed receiving a Rs 216.27 crore GST Show Cause Notice from the Mumbai East Commissionerate. The no...
- Mahindra Holidays receives ₹363 crore GST demand notice over club membership tax reportingMahindra Holidays & Resorts India Ltd. has been served a tax demand notice of over Rs 363 crore, inclusive of penalty, concerning the repor...
- IndusInd Bank shares in focus after GST penalty; lender plans to appealIndusInd Bank faces a Rs 30.15 crore penalty for GST-related issues and is considering an appeal. Recently, the bank reported accounting di...
- Adani Wilmar faces Rs 42 lakh penalty from Uttar Pradesh GST departmentAdani Wilmar has been penalized Rs 42 lakh by the Uttar Pradesh GST department for availing transitional credit. The company received the o...
- Dabur India shares in focus after receiving Rs 320.6 crore GST demandDabur India faces a confirmed GST demand of ₹320.6 crore plus interest from the CGST Commissionerate, Chandigarh. While the penalty has bee...
- More trouble for Patanjali: Company gets show cause notice from GST authority over ₹27 crore tax claimPatanjali Foods faces a show cause notice from GST Intelligence in Chandigarh for a Rs 27.5 crore tax claim, involving input tax, penalties...
- CBIC instructs officials to upload digital summary of tax notices to boost transparencyIn a significant move towards transparency and efficiency, tax officials are now required to upload detailed summaries of show cause notice...
- Vedanta Ltd arm Hindustan Zinc receives Rs 1.81 cr tax penalty orderBased on the Company’s assessment and prevailing law, the Company is hopeful of a favourable outcome at the appellate level and does not ex...
- M&M gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile armMahindra & Mahindra has been fined over Rs 14.3 lakh ($20k) for taking incorrect input tax credit during the transition to the GST regime b...
- Suppliers liable to pay penalty for not passing GST rate cut benefits: NAAhe application, which was filed by a Departmental Store was examined by Standing Committee on anti profiteering and was referred to DGAP fo...
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