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The Bombay High Court on December 6 directed the adjudicating officer of the Goods and Services Tax (GST) department not to pass any orders in demand notice issued to online gaming company Playerzpot Media Private Limited without its permission. “The…
More than a dozen companies have contested the show cause notices (SCNs) issued by the Directorate of GST Intelligence (DGGI) over the secondment issue, sources in the know told ET. Secondment or deputation of expatriates is subject to GST if…
The Calcutta High Court has granted interim relief to a unit of Delta Corp. in a matter relating to the Rs 6,384 crore payment of the shortfall goods and services tax. The court directed that no effect be given to…
Central tax officers have sent around 33,000 GST notices to businesses for discrepancies in returns filed and short payment of taxes in 2017-18 and 2018-19 financial years, a CBIC official said on Wednesday. The National Co-ordination Committee of the State…
Stakeholders in meetings with the Finance Ministry have raised concern on the raft of notices to multiple sectors based on interpretation of the law which the government says is a result of artificial intelligence and data analytics in tax. First,…
The Maharashtra Goods and Services Tax (GST) department has sent notices to several banks on the taxability of custodial services provided by them to foreign portfolio investors (FPIs), said people in the know. The state GST authorities have taken the…
Shares of Vedanta opened 0.5 percent higher during early trade on November 20, after the Anil Agarwal-led company received a GST demand order worth Rs 1.38 crore from GST & Central Excise Commissionerate, Rourkela. At 9:50 am, the stock was trading at Rs…
The country’s induction furnace owners, who generally process heavy steel scrap, have reached out to the Steel Ministry seeking protection against rising Goods and Services Tax ( GST) notices ,and urged the government for a resolution of linked tax issues.…
CBIC Chairman Sanjay Kumar Agarwal on Wednesday said the department will soon start sending advisories to businesses that are non-compliant on issuing e-invoices to their B2B customers. The Central Board of Indirect Taxes and Customs (CBIC) has started making e-invoice…
From online gaming firms to even the country’s largest insurance company, no entity seems out of bounds from the Goods and Services Tax (GST) regime, with a flurry of notices over the last few weeks sending Indian companies scampering. And…