April 2024 GST Revenue Record High – 2.1 Lakh Crore

In April 2024, the Gross Goods and Services Tax (GST) collections surged to an unprecedented ₹2.10 lakh crore, marking a remarkable 12.4% year-on-year growth. This robust increase was fueled by a notable uptick in both domestic transactions, which rose by 13.4%, and imports, which saw an 8.3% spike. Post refunds, the net GST revenue for […]

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Understanding Anti-Dumping Duty in Customs: A Shield Against Unfair Trade Practices

In the complex world of international trade, where goods flow across borders with increasing frequency, maintaining fair competition is a priority. One tool in the arsenal of trade regulations is the imposition of anti-dumping duties. These duties serve as a protective measure against the detrimental effects of dumping, a practice that can significantly distort markets […]

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Last 10 Days Left to Opt. for Composition Scheme 2024-25

21.03.2024: The functionality to opt-in for the composition scheme has been made available for FY 2024-25 in the Dashboard of taxpayers at Common Portal. Therefore, the eligible taxpayers, who wish to avail of the composition scheme may opt-in for composition up to 31st March 2024. Here is how to do it. Regular taxpayers can opt […]

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Why Zomato Received GST Notice of INR 8,57,77,696/-?

On March 16, 2024, The food delivery Jiant Zomato Ltd. informed BSE Limited, stating that the Company had received a GST order for FY 2018-19. The notice was received following the audit of GST returns and accounts by the Deputy Commissioner of State Tax, Gujarat raising demand of GST of INR 4,11,68,604/-, along with applicable […]

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Error! summary for filing is not generated or is not available at this time. please try again later

Error summary for filing is not generated or is not available at this time. please try again later. Many of you must have received this error after submitting a GST Return on the GST portal.  Because of this error, you will not able to file your GST Return. So, here are the quick hacks that […]

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