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The State GST Department has invited applications from traders to avail of the amnesty scheme announced in the state budget 2022. Applications can be submitted online. Businesses can submit options to settle arrears of various taxes like the Kerala Value…
03.06.202 Minister for Consumer Affairs, Food and Public Distribution, Piyush Goyal said that restaurants cannot add service charge to food bills at their discretion and the choice of paying tips lies with consumers. He added that restaurant owners are free…
As per the recent tweet of the CNBC-TV18, Sources say in the upcoming meeting of the GST Council is unlikely to correct inverted duty correction w.r.t. Textiles. Also, Council may take up GoM’s report on online gaming, casinos & race…
Director General of GST Intelligence (DGGI), Hyderabad, has served a show-cause notice on Bundl Technologies Private Limited (BTPL), which operates food delivery app Swiggy, for alleged wrongful availment and utilisation of input tax credit to the tune of Rs 27.2…
Domestic ratings agency India Ratings on Monday said the GST has not helped states achieve the key objective of boosting their tax revenue. The rating agency said that the data does not point to any benefits to the states in…
States have room to cut value added tax (VAT) on petrol and diesel as they gained Rs 49,229 crore from VAT revenue on fuel when oil prices were increasing and will forego Rs 15,021 crore now that retail prices have…
The GST Council is likely to meet in the second half of June. However, the government is yet to decide on a final date. No particular agenda has been decided yet as well. However, the decision of soon shifting anti-profiteering…
In a move that could boost the reach of small enterprises through e-commerce, small online sellers may soon be exempted from GST registration and the discussions are on between the central and state governments regarding this, according to a livemint report. Currently, all e-commerce…
The Goods and Services Tax (GST) Council will likely meet in the second half of June, amid a new debate on the way taxation powers are shared between the Centre and states. The Supreme Court recently ruled that the council’s…
In the past week, officials of the Director General of GST Intelligence, sub-national unit (east), busted two rackets of fake invoicing involving tax evasion of nearly Rs 380 crore. On Wednesday night, GST officials arrested a person running 28 shell…