NO PENALTY UNDER SETION 125 OF GST FOR DELAY IN SUBMITTING FORM GSTR-9C
Are there two different types of annual returns under Section 44 (1) of GST Act ? NO. There is only one Annual Return Form GSTR-9.
Tag: gst penalty
Penalty not leviable on wrongly availed ITC, reversed without utilization
The Hon’ble Madras High Court in Greenstar Fertilizers Limited held that penalty cannot be demanded under Section 74 of the CGST Act where the assessee has not utilized the ineligible Input tax credit and the same is lying in the E-credit ledger.
Smaller companies to be biggest beneficiaries of GST penalty, interest waiver
The GST Council’s decision to waive off interest and penalty under Section 73 will bring in a much-awaited relief for smaller companies facing steep Goods and Services Tax (GST) demand.
GST Council waives interest, penalty on tax demands between FY18 and FY20
The Goods and Services Tax (GST) Council in its Saturday meeting has approved several compliance measures, aiming at reducing tax litigation and enhancing ease of business across the sectors.
Yes Bank Gets GST Demand Orders Levying Rs 6.87 Lakh Penalty
Yes Bank on Wednesday said it has received two GST demand orders, which levied a penalty of over Rs 6.87 lakh.
GST DAILY – 203
No penalty can be imposed on assessee for non-filling up of Part-B of E-way bill without any intention to evade tax
Vedanta receives Rs. 27.97 crore GST penalty order, to file appeal
Vedanta Ltd on April 16 said it has received a GST penalty order of Rs.27.97 crore for the period of FY 2018-19 to FY 2020-21. The penalty stems from a dispute regarding Input Tax Credit reconciliations spanning the financial years 2018-19 to 2020-21.
Deptt imposes penalty of over Rs 2 crore in GST related violations
The enforcement wing Samba of the State Taxes Department has imposed penalty of more than Rs 2 crore in GST related violations during the Financial Year 2023-24.
Employees get Rs.3,731 crore GST penalty demand; Bombay HC strikes it down
Should an employee of a company be held responsible for forking out penalties related to tax demands raised on the company by revenue authorities? Goods and Services Tax (GST) enforcement officials believed so when they slapped a demand last September for a Rs.3,731 crore penalty on a taxation manager and other employees of global logistics major Maersk for alleged tax evasion of the same amount by the company.
Zomato receives Rs 8.6 cr GST penalty notice from Gujarat’s Deputy Commissioner of State Tax
Zomato Limited has disclosed receiving a GST order from the Deputy Commissioner of State Tax, Gujarat, pertaining to fiscal 2018-19.…