Blue Dart Express shares in focus after Rs 420 crore GST demand notice to subsidiaryBlue Dart share price: Blue Dart Express’ subsidiary, Blue Dart Aviation, received a GST demand notice of around Rs 420 crore for alleged m...
Govt issued 1,524 blocking directions for online betting, gambling platforms: MoS ITMinister of state for electronics and IT, Jitin Prasada, said in a written reply to Lok Sabha that the policies of the Central Government a...
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...
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...
GST amendments: Place of supply clarification – Clarificatory or Misleading?Recent GST amendments and circulars have introduced complexities for businesses, especially in ‘bill to ship to’ transactions involving unr...
Government exempts IGST on ocean freight from October 1KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex court's ruling in the case of Mohit M...
Overseas players too will have to pay 28% GST on bets placed on domestic e-gaming platformsThe amendment in IGST Act gives powers to the Government to notify such goods, so that in case of import of such goods IGST can be levied a...
Bills to amend CGST, IGST Acts may be tabled in LS todayBills seeking to amend CGST and IGST Acts to impose taxes on online games, casinos and horse racing are expected to be introduced in the Lo...
Cabinet clears changes to GST laws to levy 28% GST on online gaming, casinos, horse race clubsThe amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be...
Nasscom hails GST Council's clarification on scope of 'intermediary services'Nasscom also welcomed the decision of the Council to clarify that subsidiaries or group companies (companies incorporated in India) will be...
A proposed GST amendment may severely impact Indian exportersAn amendment to Section 16 of the IGST Act may seem harmless, but is capable of having a deep and far-reaching implication for the exporter...
No GST on gems meant for exhibitions abroadTill now, gems & jewellery which was being carried outside of the country even for exhibition/ consignment purpose was attracting IGST at r...
Customs officials likely to get more powersThe government is contemplating amending the Customs Act in the upcoming budget.
Accommodation services by hotels to SEZ employees is inter-state in nature, attract Nil GSTCBIC has also clarified that if event management services, hotel, accommodation services, consumables etc. are received by SEZ unit, the be...
The complete guide to prevent and deal with seizure of goods under E-way billE-way bill is a considered a vital mechanism to check tax evasion under GST and the government has been keen to get the system working.
DBS Bank challenges IGST on services offered to Singapore HQDelhi HC admitted a writ petition filed by DBS Bank challenging certain sections of the IGST and issued notices to the govt & the GST counc...
GST to boost domestic manufacturing, won't up inflation: Hasmukh AdhiaThe government levies countervailing duty (CVD) and special additional duty (SAD) on imported goods to protect domestic manufacturers.