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GST NOTICE NEWS
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
GST authorities slap Rs 6.37 crore demand notice on BritanniaGST authorities have issued a Rs 6.37 crore demand notice to Britannia Industries. The bakery giant received the order from Thane CGST offi...
ICICI Bank gets Rs 238 crore GST demand noticeICICI Bank has been issued a Goods and Services Tax (GST) demand notice of Rs 238 crore by tax authorities for alleged short payment. The n...
How Rs 10 – 20 payments sparked a Rs 29 lakh GST storm: Cash vs UPI, BJP vs Cong and taxpayers vs non-payers in KarnatakaGST notice to vegetable vendor: A Karnataka vegetable vendor's ₹29 lakh GST notice over UPI transactions has sparked widespread protests am...
'No UPI, only cash in Bengaluru': Why small vendors in Indian IT capital are saying no to online transactionsBengaluru witnesses a shift back to cash transactions as small vendors remove QR codes due to GST concerns and tax notices. Facing scrutiny...
Voltas shares in focus after GST show cause notice worth Rs 265 croreVoltas shares are in focus following a show cause notice from central tax authorities regarding an alleged GST short payment of ₹265.25 cro...
Paytm shares in focus as subsidiary faces Rs 5,712 crore GST demand noticePaytm share price: Paytm’s subsidiary, First Games Technology, has received a Rs 5,712 crore Show Cause Notice from the GST authorities, de...
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024Waiver of GST tax demand interest and penalty: The Ministry of Finance has notified the rules and conditions to follow if you need to use 1...
Pani Puri vendor gets GST notice as PhonePe and UPI payments cross Rs 40 lakh in a yearPani Puri Vendor GST Notice: Indian Pani Puri vendors have received GST notices after their annual digital transactions surpassed Rs 40 lak...
GST audit report in Maharashtra will be issued offline; know what steps to take to avoid future litigationGoods and services tax: The Maharashtra GST department has issued a circular which allows GST proper officers to conduct the GST audit proc...
Have a query about the new GST amnesty scheme for waiver of interest and penalty? CBIC releases FAQ and clarificationsGoods and Services Tax (GST): Section 128A which was announced in Budget 2024 provides relief to GST registered taxpayers who have a pendin...
Govt issues notices to auto majors seeking old GST duesThe central government on Monday issued notices totalling Rs 10,000 crore to automakers for failing to pay compensation cess levied under t...
Infosys shares drop 1% over alleged Rs 32,000 crore GST evasionInfosys shares dropped by 1% following news of an investigation by the Directorate General of GST Intelligence regarding a Rs 32,000 crore ...
Budget 2024: No GST demand notice to be issued beyond 42 months from the due date of filing annual return; Know how it will help youGST: Now demand notices of GST cannot be issued beyond 42 months from the due date of filing GST annual return. Moreover, GST demand orders...
Dream11 acquires fantasy platform SixerSixer founder Amay Makhija announced the acquisition to users of the platform in an email. The size of the deal or the strength of Sixer’s ...
Casino operator Delta slumps 18% as GST notice spooks StreetThe stock hit a 52-week low of ₹140.20 before closing at ₹143. On the BSE, over 7 million Delta shares changed hands as against the two-wee...
GST on notice pay, group insurance, phone bill: AARThis tax complication comes at a time when top companies are complaining of high attrition. The ruling in the case of Bharat Oman Refinerie...