Latest update 09.02.2025

latest gst update

A. Article

Recovery proceedings cannot be initiated in cases where appeal has been filed against the assessment order

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The Hon’ble Madras High Court in Tvl. R. Selvarathinam, disposed of the writ petition directing the Department to defer the recovery proceedings till the time of disposal of the appeal.

B. Tax in Media

UCO Bank faces Rs.2946 cr GST demand

UCO Bank has received an order from the Additional Commissioner, CGST, Mumbai South Commissionerate on 06.02.2025, raising GST demand of Rs. 1473,48,27,621/- and equivalent amount of penalty and interest, as applicable, according to the Bank’s regulatory filing.


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