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Tag: Karnataka

GST in Media

Kerala, Karnataka tax officials bust GST registration cartel

byAdmin26/06/202326/06/2023

Kerala and Karnataka tax officials have busted a nationwide cartel involved in fake Goods and Services Tax (GST) registrations. In a June 22 operation, the intelligence unit of the Kerala State Goods and Services Tax (SGST) department in Kanhangad, in…

COMPLIANCE

GST, I-T payers can’t avail Gruha Lakshmi benefits in Karnataka

byAdmin10/06/202310/06/2023

The State Government has issued detailed guidelines for the implementation of Gruha Lakshmi scheme (Rs 2,000 per month for every woman head of a family). Accordingly, if a woman or her husband comes under the Income Tax net or GST…

State Circular

Generation and quoting of Document Reference Number (RFN) – Karnataka

byAdmin07/06/202307/06/2023

Department of Commercial Taxes, Government of Karnataka has issued a Circular No. GST-02/2023-24 dated 23.05.2023 regarding ‘Generation and quoting of Document Reference Number (RFN) on communication/document pertaining to search and inspection’. The GST Portal (“System” generates various documents, such as…

Press Release

Search and seizure action by Income Tax Department in Karnataka

byAdmin13/04/202313/04/2023

Income Tax Department commenced a Search & Seizure operation in the case of some Cooperative Banks, in the State of Karnataka, on 31.03.2023. These cooperative Banks have been found to be engaged in routing of funds of various business entities…

GST in Media

GST collection: Karnataka crosses Rs 10,000 crore for third month

byAdmin06/01/202306/01/2023

Karnataka’s monthly GST collection crossed Rs 10,000 crore for three months in a row, Chief Minister Basavaraj Bommai said Wednesday, describing this as “positive growth” for the state. “Karnataka’s monthly GST collection has crossed Rs 10,000 crore for 3 months…

GST Instruction

Karnataka GST Dept. issued clarification w.r.t. revocation of cancelled GSTIN beyond 90 days based on Appeal and HC orders

byAdmin11/06/202218/08/2022

The Karnataka GST Department vide Circular GST No. 01/2022-23 dated June 02, 2022 has introduced revocation of cancelled Goods and Services Tax Identification Number (“GSTIN”) beyond 90 days by the Local Goods and Service Tax Offices (“LGSTO’s”) and the Sub…

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