Vedanta gains despite Rs 1.38-crore GST notice, downgrade by CRISIL
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…
Tag: GST Notice
Induction furnace body seeks govt protection against rising GST notices
The country’s induction furnace owners, who generally process heavy steel scrap, have reached out to the Steel Ministry seeking protection…
GST authorities to start sending advisories to non-complaint businesses
CBIC Chairman Sanjay Kumar Agarwal on Wednesday said the department will soon start sending advisories to businesses that are non-compliant…
Shower of GST notices may not end soon
From online gaming firms to even the country’s largest insurance company, no entity seems out of bounds from the Goods…
Penalty imposed on GST collected but not deposited to Government even after Tax payment within 30 days from Notice
The Hon’ble Kerala High Court in the case of M/s. Global Plasto Wares v. Assistant State Tax Officer [WP (C)…
Assessment Order is void when the Notice is not served by the GST Department
The Hon’ble Madras High Court (Madurai Bench) in the case of M/s. Tvl. Diamond Shipping Agencies Pvt. Ltd. v. Assistant…
Back BackDelta Corp gets another GST shortfall notice of Rs. 6,384 crore
This comes nearly three weeks after Delta Corp had received tax shortfall notices amounting to Rs.16,822 crore. The latest notices…
Delta Corp gets GST demand notices totalling nearly Rs 17,000 crore
Casino operator Delta Corp has received tax notices totalling Rs 16,822 crore from the Directorate General of GST Intelligence on…
Frequent Dept. Audit Observations & Responses
Introduction: In the last few months, the number of departmental audits under GST has skyrocketed. 50,000 notices have been raised…
Indian units of foreign companies face GST queries on ESOPs
GST authorities are raising inquiries in cases where shares of a foreign parent or holding company are being allotted to…