Non-issuance of notices in case of voluntary compliance under Sec.73 and 74 of the KGST Act, 2017
Office of the Commissioner, State Goods and Services Tax Department Tax Towers, Karamana P.O., Thiruvananthapuram issued a Circular No. 6/ 2024 dated 06.04.2024 on Non-issuance of notices in case of voluntary compliance under Sections 73 and 74 of the KSGST Act, 2017 Read more
Over Rs 2 lakh cr GST evasion in FY24, almost 10% of collections
Goods and Services Tax (GST) authorities are learnt to have detected evasion of around Rs 2.01 lakh crore in 2023-24 — an amount equal to almost 10% of the total GST collected during the financial year. Read more
HDFC Life receives GST demand notice of Rs 102.5 crore for FY19 period
HDFC Life Insurance Company on Friday announced that it has received a GST demand order from the Appellate Authority for Rs 102.5 crore for April 1, 2018 to March 31, 2019 period. “We wish to inform that the company has received a GST order from State Tax – (2), Unit 8, Ahmedabad, Gujarat on April 04, 2024,” the company said in a regulatory filing. Read more
Online Gaming & Casino tops GST evasion cases, DGGI data shows
Online Gaming & Casinos emerged at the top in terms of detection of GST evasion during Fiscal Year 2023-24, annual data compiled by the Directorate General of GST Intelligence (DGGI) showed. This sector alone accounted for more than 40 per cent of the amount involved in GST evasion detection. Read more
Rs 6.16 cr recovered from 70 PF defaulting units in Faridabad, Palwal
After 70 companies were issued arrest warrants for failing to deposit employees provident fund (PF) contribution in the past one year, the authorities concerned have managed to recover Rs 6.16 crore from these defaulting units. Read more
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