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GST AUTHORITY PUNJAB
Punjab and Haryana HC grants interim relief on GST levy on corporate guaranteesThe Punjab and Haryana High Court has provided interim relief to Panacea Biotec. The court has stayed any coercive action regarding Goods a...- IndiGo faces Rs 13 lakh GST penaltyIndiGo faces a Goods and Services Tax penalty of over thirteen lakh rupees. The airline's parent company, InterGlobe Aviation, stated the o...
- DGGI summons Shalini Passi over Pasco tax issuesDGGI has summoned celebrity Shalini Passi, a former partner of Pasco Motors, for short payment of taxes by the firm. The inquiry, which is ...
- Bajaj Electricals gets Rs 14.08 cr demand from GST authority in PunjabBajaj Electricals Ltd has been issued a demand of Rs 14.08 crore by GST authorities in Punjab for ITC mismatch and reverse charge mechanism...
- Top IT firms TCS, Infosys, TechM face flurry of GST noticesTax experts say unlike Income Tax, IT companies have to do their GST registration for every state where they have opened their offices and ...
- GST on corporate guarantees: Taxmen believe clarity will emerge only in SCThe issue of levying GST on corporate guarantees between related entities remains uncertain until the Supreme Court's final decision. The C...
- GST on corporate guarantees: SC to offer clarity, say officialsSeveral companies caught in the crosshairs of the GST authorities got a sense of relief last week after the Punjab & Haryana High Court sta...
- Eicher Motors gets Rs 130 cr tax demand notices, company to challengeThe company has received a demand order for an aggregate amount of Rs 129.79 crore, including a penalty of Rs 11.8 crore and applicable int...
- Maruti Suzuki receives show cause notice from GST authorityMaruti Suzuki India has received a show cause notice from the GST authority for the period between July 2017 and August 2022. The notice de...
- GST evasion of Rs 30,000 crore unearthedThe identities of beneficiaries of PM Kisan and other social security schemes were allegedly used to operate 4,000 shell companies and 16,0...
- New GST googly: Gifted IPL tickets are no longer freeThis would mean that any IPL franchise owner gifting complimentary tickets to its employees will have to cough up GST on the value. KPH Dre...
- Suumaya Corporation drags GST authorities to court over their power to arrestThe company has challenged the constitutional validity of the tax department’s right to make arrests in cases where GST is exempt, as in th...
- GST Council alone has powers to approve panel recommendations: Manpreet Badal to FMWhile seeking an opinion of the law ministry or the attorney general on the matter, Badal said that bureaucrats in the committee did not ha...
- Punjab Minister Manpreet Badal writes to FM, wants GIC suggestions accepted by GST CouncilWhile seeking an opinion of the law ministry or the attorney general on the matter, Badal said that bureaucrats in the committee did not ha...
- A dispute on definition of "intermediary" puts $147 bn IT sector in a tax quandaryThe country's $147 billion IT and ITeS industry, including the back offices of several multinationals such as Genpact and WNS Global, has s...
- Punjab FM to centre: Stop indiscriminate stoppage of GST credit"The indiscriminate stopping of tax credits, without even a prior notice and hearing is also likely to fall foul with the principles of nat...
- GST on electric vehicles may be reduced to 5%Lower duties are expected to encourage global manufacturers to invest in India’s shift to e-vehicles.
- Punjab pitches for big investments in maiden Davos appearance, says GST necessitated itManpreet Badal said foodgrain accounted for 40 per cent of its tax base and Punjab provides 30 per cent of the country's foodgrain requirem...
- GST provided much-needed reform to the logistics sectorTransporters and logistics players ET spoke to said the switch to GST led to at least 20% reduction in turnaround time of trucks after bord...
- Centre releases Rs 24,500 crore to compensate states post GSTUnder the GST regime, a cess is levied on luxury, demerit and sin goods to make good the loss suffered by the states on account of roll out...
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