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Food delivery giant Zomato has received a Good and Services Tax (GST) notice over a tax liability of ₹ 401.7 crore. The Directorate General of GST Intelligence (DGGI) had sent tax notices to Zomato and Swiggy for not paying GST on delivery…
ICICI Lombard on Wednesday said it received a demand notice for alleged short payment of GST of over Rs 5.66 crore. In a regulatory filing, ICICI Lombard General Insurance Company said it has received an order from the Joint Commissioner…
A 42-year-old resident of Kopri village in Thane was in for a massive shock when he got GST notice / summons to appear for a default of Rs. 23 lakhs. The Chembur police have filed a case of cheating against…
Vedanta on December 23 said its subsidiary Bharat Aluminium Company Limited (BALCO) has received a Goods and Services Tax (GST) demand notice of Rs 84 crore. The demand notice has been issued from the “Office of the Joint Commissioner, Bilaspur”, and…
Finance minister Nirmala Sitharaman’s clarification in the Lok Sabha that the 28% GST on entry-level bets in online gaming applies prospectively, starting October 1, 2023, fails to deter the officials from sending show-cause notices to online gaming companies. Officials have already…
The spate of GST-demand notices on Indian companies – in instances where overseas staff have been deputed to India, followed by an increase in litigation and industry representation – has left to CBIC sounding a word of caution to its field…
About a dozen foreign airlines including British Airways, Etihad, and Emirates that have received Goods and Services Tax (GST) demand notices pertaining to cross charges are likely to pay up the amount and not contest its validity, people aware of the matter…
In significant relief to taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has said officers should be more mindful in raising demand in secondment cases and should not apply the Supreme Court ruling in the Northern Operating Systems…
In yet another case related to Goods and Services Tax (GST) notices on salaries paid to expats by subsidiaries of multinational companies (MNCs), a High Court has provided interim relief to a firm and restrained the authorities from taking coercive…
The Life Insurance Corporation of India (LIC) on December 11 said it has received a GST notice for Rs 183 crore, which includes pending dues, penalty and interest, from the Telangana arm of the taxation authority. The “demand order-cum-penalty notice” pertains to fiscal year…