The Calcutta High Court’s ruling in the Jyoti Tar Products P Ltd. case passed verdict that retrospective cancellation of supplier registration cannot nullify a valid ITC claim of any taxpayer. The ...
Many credit card users do not get any reward points when paying bills directly. However, there is a hack to maximize rewards.
Dealers and importers holding Clean Car Standard credits could loose out if they don’t sell down some of their credits ...
The court, with the consent of both parties, set aside the impugned order, directing the petitioner to deposit 25% of the disputed taxes within four weeks. This deposit would be adjusted for any prior ...
Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
This fraudulent credit was then used to settle the GST liabilities of these companies instead of making cash payments. He was arrested for masterminding the fraudulent operation with the aim of ...
The Goods and Services Tax Network (GSTN) has introduced a new feature that allows company promoters and directors to complete their biometric authentication for GST registration in their home state.
In the first three days of March, Maharashtra’s financial situation was revealed: It tops the chart in the country’s State numbers for GST collection for February 2025, with Rs.30,637 crore; the State ...
Experts say Biometric Authentication was introduced by the government to curb fake registrations for claiming input tax credit (ITC ... Some important points to note about this new GST authentication ...
Experts say Biometric Authentication was introduced by the government to curb fake registrations for claiming input tax ...
On a gross basis, GST from domestic sources, which refers to transactions within the country, rose 10.2% to Rs 1,41,945 crore, while those related to imports were up 5.4%, indicating that the ...
Mahindra Holidays & Resorts India Ltd on Saturday said it has received a demand of over Rs 17.5 crore from GST authority ... tax credit, reversal of input tax credit due to cancelled GSTIN of vendors ...