All about gst latest news in India
01.04.2024: March 2024 saw the Gross Goods and Services Tax (GST) revenue soar to an impressive ₹1.78 lakh crore, marking the second-highest collection ever and boasting an 11.5% year-on-year growth. This upsurge was predominantly fueled by a substantial uptick in GST collection from domestic transactions, which surged by 17.6%. Furthermore, the GST revenue net of […]
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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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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. 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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In the current Financial Year 2023-24 (up to December 2023), 1,700 fake ITC cases involving Rs. 18,000 crore have been detected and 98 fraudsters/masterminds have been apprehended by the Directorate General of GST Intelligence (DGGI). In the current financial year, the Directorate General of GST Intelligence (DGGI) has laid special emphasis to identify and apprehend […]
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