Search result for 'input tax credit'

Hotel Restaurants: 18% GST on Rooms Above Rs 7,500/Day - CBIC

March 27, 2025 21:57

CBIC clarifies GST on restaurant services in hotels with room rent exceeding Rs 7,500/day. Learn about the new rules, specified premises, and opt-in options.

FHRAI Seeks GST Delinking for Hotel Food & Beverage

March 9, 2025 14:25

The Federation of Hotel & Restaurant Associations of India (FHRAI) urges the government to delink GST rates on food & beverage services from hotel room tariffs, calling the current system unfair...

Mahindra Holidays Faces Rs 17.5 Cr GST Demand

March 1, 2025 19:42

Mahindra Holidays & Resorts India Ltd received a Rs 17.5 crore GST demand from Chennai authorities for alleged mismatch in turnover and input tax credit. The company plans to appeal the order.

IndiGo Faces Fine Over Input Tax Credit, Exploring Legal Options

February 28, 2025 20:47

IndiGo is facing a Rs 1.30 crore penalty in Gujarat related to input tax credit for FY 2020-21. The airline is evaluating legal options and believes it accurately availed the credit.

Vodafone Idea Faces Rs 16.73 cr GST Demand - Telecom News

February 28, 2025 14:48

Vodafone Idea received a Rs 16.73 crore GST demand order from West Bengal, citing alleged excess input tax credit and short payment. The company plans to appeal the order.

LIC Receives Rs 479.88 Crore GST Demand Notice

February 27, 2025 19:29

LIC has received a demand notice of Rs 479.88 crore for short payment of GST for 2020-21, citing wrong ITC availment and short reversal. The company plans to appeal the order.

IndiGo Faces Fine Over Input Tax Credit: Legal Action Considered

February 26, 2025 22:17

IndiGo is facing a fine of Rs 13.9 lakh for input tax credit and is evaluating legal options after the tax officer denied the credit for FY 2020-21. The airline maintains its claim is valid.

LIC Receives Rs 57.2 Crore GST Demand Notice

February 24, 2025 19:10

Life Insurance Corporation of India (LIC) has been issued a GST demand notice of Rs 57.2 crore for excess Input Tax Credit (ITC) availed in FY2020-21.

Bajaj Electricals Faces Rs 14.08 Cr GST Demand in Punjab

February 21, 2025 13:45

Bajaj Electricals has been issued a Rs 14.08 crore GST demand by Punjab authorities for alleged ITC mismatch. The company is exploring legal options.

FICCI, Assocham Seek ITC on Leasing Properties: Impact on Real Estate

February 18, 2025 16:36

FICCI and Assocham urge the Indian government to allow input tax credit (ITC) for commercial properties built for leasing, citing potential economic benefits.

Rs 1,196 Cr GST Fraud Uncovered in Pune: DGGI Arrests One

February 12, 2025 18:54

The DGGI, Pune Zonal Unit, has unearthed a massive GST fraud involving multiple private firms and fake ITC transactions worth Rs 1,196 crore, leading to the arrest of one individual.

HCL Infosystems Narrows Q3 Loss to Rs 5.25 cr

February 8, 2025 20:43

HCL Infosystems reported a narrowed loss of Rs 5.25 crore in Q3 FY24, despite a revenue decline. The company attributed the losses to delays in customer payments and ongoing legal matters.

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

February 6, 2025 17:54

Bharti Airtel's consolidated net profit surged over five-fold to Rs 16,134 crore in Q3 FY25, driven by Indus Tower consolidation and tariff hikes. Revenue rose 19% YoY to Rs 45,129 crore.

IndiGo Penalized Rs 115.86 Cr by GST Authorities

February 5, 2025 22:36

IndiGo has been fined Rs 115.86 crore by GST authorities for services provided to offshore recipients and denial of input tax credit. The airline is contesting the order.

CGST Law Amendment Hits Realty: Experts

February 1, 2025 17:53

A retrospective amendment to the CGST law concerning 'plant or machinery' could negatively impact real estate companies seeking input tax credit, experts warn. This amendment may overturn the...

Rs 3,200 Cr GST Fraud Uncovered: 2 Arrested

January 29, 2025 18:30

The DGGI in Bengaluru has uncovered a Rs 3,200 crore GST fraud involving fake companies and circular trading. Two individuals have been arrested, while a third remains at large.

Indian Aircraft MRO Biz to Grow 50% by FY26: Crisil

January 27, 2025 15:26

India's aircraft maintenance, repair, and overhaul (MRO) industry is set to grow 50% by FY26, reaching Rs 4,500 crore, driven by rising demand from airlines. Crisil attributes this growth to...

NRAI Seeks Industry Status for Food Services Sector

January 8, 2025 18:03

The National Restaurant Association of India (NRAI) has urged the government to grant industry status to the food services sector, seeking an equitable e-commerce policy and targeted subsidies for...

Tax Simplification in India: Focus for 2025

December 29, 2024 10:40

India's tax landscape to focus on simplification in 2025, with GST rate rationalization, I-T law review, and improved compliance for individuals and businesses.

Mahindra & Mahindra Tax Inspection in Chennai

December 28, 2024 14:07

Mahindra & Mahindra Ltd. is undergoing a tax inspection in Chennai by Tamil Nadu authorities. The inspection is related to GST compliance issues and is not expected to impact the company's operations.

GST Council Supports Small Businesses: Key Decisions & Tax Updates

December 21, 2024 21:21

The GST Council has made key decisions to support small-scale businesses and prevent market monopolisation, including measures to ensure accurate IGST settlement and exemptions for traders under...

GST Council to Decide on Lower Insurance Taxes, ATF Inclusion

December 21, 2024 11:57

The 55th GST Council meeting will discuss reducing taxes on health and life insurance, bringing ATF under GST, and rate revisions on 148 items. Learn about the proposed changes and the impact on...

Journalist Mahesh Langa Arrested in GST Evasion Case

December 20, 2024 21:30

Mahesh Langa, already in jail for GST fraud, arrested by Rajkot police in a separate case of GST evasion. The crime branch is investigating the alleged role of the journalist in the case.

GST Council to Rejig Tax Rates on Insurance, Watches, Shoes & More

December 20, 2024 12:06

The GST Council is set to discuss rate changes on insurance premiums, luxury items like watches and shoes, and a potential new 35% tax slab for sin goods. The meeting will also deliberate on...

Punjab GST Department Busts Rs 163 Crore Bogus Billing Scam

December 13, 2024 21:52

Punjab's GST Department has uncovered a massive bogus billing scam in Ludhiana involving fraudulent transactions worth Rs 163 crore over the past two years. Finance Minister Harpal Singh Cheema...

Akzo Nobel India Faces Rs 46 Crore Tax Demand

November 27, 2024 14:31

Akzo Nobel India received show cause notices from Karnataka and Uttar Pradesh GST departments demanding over Rs 46 crore for disallowance of input tax credit and tax dues.

Hyundai Motor India Faces Rs 5 Crore Tax Demand from Maharashtra

November 26, 2024 13:18

Hyundai Motor India Ltd received a show cause notice from the Maharashtra State Tax Authority demanding over Rs 5 crore for alleged excess input tax credit claims.

CREDAI Demands Tax Breaks to Boost Housing Demand

November 25, 2024 14:53

CREDAI urges government to revise affordable housing definition, offer 100% deduction on home loan interest and reduce GST on under-construction homes to boost demand.

Crypto Scepticism: DFS Secretary Backs RBI's Caution

November 18, 2024 21:47

DFS Secretary Nagaraju M expresses scepticism about cryptocurrencies, echoing RBI's cautious stance. He calls it a 'suspect scheme' and urges caution on crypto assets.

GST Evasion: 18,000 Fake Firms Detected, Rs 25K Cr Loss - News

November 5, 2024 15:39

Tax officers have detected 18,000 fake companies involved in Rs 25,000 crore GST evasion. The government is taking action against fraudulent registrations.

GST Anti-Profiteering Sunset Date: Apr 1, 2025

October 1, 2024 16:30

Indian government sets April 1, 2025, as the sunset date for GST anti-profiteering. Existing cases will be handled by GSTAT. Learn more.

GST Fraud: 10,700 Fake Firms, Rs 10k Cr Evasion Detected

September 24, 2024 14:06

India's GST authorities have uncovered 10,700 fake companies involved in Rs 10,179 crore tax evasion. Aadhaar authentication is being implemented to combat fraud.

Rs 2.01 Lakh Cr GST Evasion Detected in FY24: DGGI

September 14, 2024 19:20

DGGI detects Rs 2.01 lakh crore GST evasion in FY24, with online gaming, BFSI, iron, copper, scrap, and alloys showing high evasion rates. Read more.

GST ITC on Demo Cars: CBIC Clarifies Dealers Can Claim Credit

September 12, 2024 16:39

The CBIC has clarified that automobile dealers can claim input tax credit (ITC) on demo cars used for promoting sales, but not if used for personal purposes. Learn more about the latest GST rule.

GSTN Launches Invoice Management System for ITC Claims on October 1

September 3, 2024 18:38

GST Network launches Invoice Management System (IMS) from October 1 to streamline input tax credit (ITC) claims for taxpayers, facilitating record matching and invoice corrections.

Vodafone Idea Hit with Rs 73 Crore GST Demand

September 2, 2024 22:31

Vodafone Idea faces Rs 73 crore GST demand for alleged tax short payment and excess input tax credit. The company disputes the orders and plans to appeal.

LIC Faces Rs 606 Crore GST Demand for FY20

August 29, 2024 20:53

LIC received a GST demand notice of Rs 606 crore for FY2019-20, citing short payment and incorrect input tax credit. The order is appealable.

Vodafone Idea Ordered to Pay Rs 16.7 Cr in GST, Penalty

August 28, 2024 22:17

Vodafone Idea has been ordered to pay Rs 15.19 crore in GST and a penalty of Rs 1.51 crore for allegedly availing ineligible input tax credit. The company has disputed the order and plans to take...

Kalpataru Projects Gets GST Tax Notice - Rs 12 Lakh Demand

August 22, 2024 15:05

Kalpataru Projects International Ltd received a tax notice from the GST Authority for Rs 10.50 lakh in taxes and Rs 1.50 lakh in penalties for FY 2019-20.

IndiGo Challenges GST Penalties: Input Tax Credit Dispute

August 21, 2024 21:37

IndiGo is challenging penalties imposed by Odisha and Kerala tax authorities related to input tax credit availed for FY 2017-18. The company is contesting the orders before appellate authorities.

GST Enforcement Balance: Ease of Biz & Evasion Detection

August 20, 2024 21:25

Revenue Secretary emphasizes a balance between GST enforcement and ease of doing business, urging focus on real evasion and tracking masterminds of fake input tax credit.

Hero MotoCorp Gets Rs 17 Crore Tax Notice from Delhi GST

August 18, 2024 15:36

Hero MotoCorp received a tax demand notice of over Rs 17 crore from Delhi GST authorities for disallowed input tax credit in FY 2019-20. The company plans to appeal the notice.

GST Fake Registration Drive: India to Launch 2nd Campaign

August 13, 2024 12:24

India's tax authorities will conduct a nationwide drive against fake GST registrations from August 16 to October 15, aiming to curb tax evasion and protect government revenue.

GST Fake Registration Drive: CBIC Launches 2-Month Crackdown

August 12, 2024 22:16

India's CBIC announces a nationwide drive against fake GST registrations from August 16 to October 15, aiming to detect and eliminate fraudulent entities and protect government revenue.

Aircraft MRO Industry to Reach USD 4 Billion in 7 Years: Minister

August 8, 2024 12:19

India's aircraft MRO industry is set to reach USD 4 billion in seven years, driven by government initiatives and increased demand. The Minister of Civil Aviation highlighted the government's...

GST ISD Registration Deadline: April 1, 2025 for Multi-State Cos

August 7, 2024 12:38

Companies with multi-state presence must register as Input Service Distributor (ISD) with GST authorities by April 1, 2025. This move aims to enhance operational transparency and ensure accurate...

Eicher Motors GST Demand Reduced to Rs 27 cr - PTI

August 2, 2024 18:11

Eicher Motors saw its GST demand order in Tamil Nadu reduced to Rs 26.97 crore from Rs 129.79 crore after an appeal. The matter pertains to input tax credit on returned materials.

Fake ITC Claims Up 51% to Rs 36,374 Cr in FY24: GST

July 29, 2024 14:37

Central GST officers detected Rs 36,374 crore in fake ITC claims in FY24, a 51% increase from the previous year. The government is taking measures to combat this fraud.

USIBC Recommends PLI for Media, Entertainment in Budget

July 21, 2024 12:48

The US India Business Council (USIBC) urges India to introduce production-linked incentives for the media and entertainment industry in the upcoming Budget, aiming to position India as a leading...

Union Budget 2024: MSME Loan Limit, Tax Relief & More

July 18, 2024 18:13

Experts suggest doubling MUDRA loan limit, tax benefits for home loans & startups, and increased healthcare spending in the upcoming Union Budget.

Gujarat's Aadhaar-based GST Verification Model Adopted Nationally

July 15, 2024 16:24

Gujarat's Aadhaar-based verification system for GST registration, aimed at curbing fraudulent activities, will be implemented nationwide following its successful pilot program.

GSTR-1A: Amend Outward Supply Form | Finance Ministry

July 11, 2024 12:22

The finance ministry has notified GSTR-1A, allowing taxpayers to amend outward supply details. This optional form helps ensure correct tax liability is reflected in GSTR-3B, reducing errors and...

Food Services Sector to Reach Rs 7.76 Lakh Crore by FY28: NRAI

July 9, 2024 20:40

India's food services sector is projected to reach Rs 7.76 lakh crore by FY28, driven by an 8.1% growth. NRAI highlights the sector's recovery from the pandemic and its potential for job creation.

NATHEALTH Urges Govt to Hike Public Health Spending

July 9, 2024 14:05

NATHEALTH has urged the Indian government to raise public health expenditure to over 2.5% of GDP and rationalize GST for healthcare. The industry body also highlighted the need for infrastructure...

Travel Agents Demand Industry Status, GST Rationalization

July 8, 2024 20:31

Travel Agents Association of India (TAAI) seeks industry status, simplified visa requirements, GST rate rationalization and other measures to boost India's tourism sector.

GST Reduced Taxes on Household Goods: FinMin

July 1, 2024 15:26

India's Goods and Services Tax (GST) has completed 7 years, bringing lower taxes on household appliances and mobile phones, according to the finance ministry. The GST regime has also seen a...

GST Council Grants Relief to Late Filers: ITC Denial Waiver

June 22, 2024 20:34

The GST Council has granted relief to small traders who faced ITC denial due to late filing. Goa CM Pramod Sawant raised the issue, leading to a waiver for returns filed by November 2021.

India's Tax System: Moderating Rates, Widening Base

June 13, 2024 16:57

Experts discuss the need to moderate tax rates and widen the tax base in India to achieve 'Viksit Bharat' by 2047, focusing on revenue generation and simplifying the tax system.

Aadhaar-based GST Registration: 5 States Show Interest

May 13, 2024 17:55

Five Indian states, including Karnataka, Tamil Nadu, and Telangana, are exploring Aadhaar-based authentication for GST registration, following a pilot program in Gujarat, Andhra Pradesh, and...

IDBI Bank Receives Rs 2.97 Crore GST Demand Order

May 7, 2024 15:17

IDBI Bank has been issued a GST demand order of Rs 2.97 crore for alleged excess availment of input tax credit. The bank is evaluating legal options.

Car Dealers Can Claim ITC on Demo Cars: AAR Ruling

May 6, 2024 20:43

The West Bengal GST Authority for Advance Ruling (AAR) has ruled that authorized car dealers can claim input tax credit (ITC) on demo cars. Learn more about the AAR's ruling on ITC for demo cars...

Aurobindo Pharma Faces Rs 13 cr Tax Demand for Ineligible ITC

May 3, 2024 16:46

Aurobindo Pharma received a tax demand of over Rs 13 crore from the GST authority for ineligible input tax credit claim. The company plans to appeal the order.

GST Meeting to Discuss Fake Registrations & Tax Evasion

May 2, 2024 19:16

Central and state GST officials will meet to discuss tightening registration norms and combating fake companies involved in GST fraud. The meeting will also focus on identifying masterminds behind...

Patanjali Foods Faces GST Dues Show Cause Notice - Rs 27.46 Crore

April 30, 2024 10:29

Patanjali Foods received a show cause notice from GST intelligence department for Rs 27.46 crore input tax credit recovery. The company will defend its case.

Patanjali Foods Faces GST Dues: Rs 27.46 Crore Input Tax Credit Under Scrutiny

April 29, 2024 23:06

Patanjali Foods has received a show cause notice from GST intelligence for potential recovery of Rs 27.46 crore in input tax credit. The company plans to defend its case.

Sun Pharma Faces Rs 1.11 Cr Tax Demand Over Input Tax Credit

April 29, 2024 20:43

Sun Pharmaceutical Industries Ltd received a tax demand of over Rs 1.11 crore from authorities over disallowed input tax credit. The company says the order has no material impact on its operations.

Sebi Fines LEEL Electricals Rs 14 Cr for Accounts Manipulation

April 18, 2024 20:12

Sebi has slapped fines totaling Rs 14.2 crore on LEEL Electricals' promoter and six former officials for manipulating the company's accounts. The individuals have also been barred from the...

Apollo Tyres Faces Rs 2.06 Crore Tax Demand in Tamil Nadu

April 16, 2024 15:24

Apollo Tyres has received a Rs 2.06 crore tax demand from GST authorities in Tamil Nadu for input tax credit and other issues. The company plans to appeal the decision.

India Business News: Manufacturing Growth, Byju's Layoffs, Zomato Tax Demand

April 2, 2024 20:45

Get the latest Indian business news, including manufacturing sector growth, Byju's layoffs, Zomato tax demand, and Vedanta GST notices. Read more on the financial performance of major companies.

Vedanta Faces Rs 1.86 Cr GST Demand: Appeal Planned

April 2, 2024 17:39

Vedanta Ltd received a GST demand notice for Rs 1.86 crore for ineligible input tax credit. The company will appeal the decision, stating it doesn't expect a material financial impact.

GST Council to Clarify RERA Tax Exemption

February 25, 2024 13:54

The GST Council is likely to clarify that RERA is exempt from GST. This follows discussions regarding the nature of RERA's function, which is considered a regulatory and facilitating body under the...

Biocon Penalized Over Rs 3 Crore for GST Issues

February 23, 2024 16:03

Biocon has been fined over Rs 3 crore by the GST authorities for issues related to input tax credit reporting errors, denial of input tax credit on sales, and other irregularities.

GST Evasion Cases Rise: 14,597 Detected in 2023

February 5, 2024 17:44

GST officials detected 14,597 tax evasion cases in April-December 2023, using data analytics and AI tools to identify risky taxpayers. Maharashtra, Gujarat, Haryana and West Bengal saw the most cases.

GST Intelligence Detects Rs 18,000 Crore Fake ITC Cases, 98 Arrested

February 3, 2024 20:35

GST intelligence officers have detected fake Input Tax Credit (ITC) cases worth Rs 18,000 crore from April to December, with 98 arrests. The Directorate General of GST Intelligence (DGGI) has...

GST Council to Consider Pan-India Biometric Authentication for Registration

February 2, 2024 20:32

The GST Council may make biometric-based Aadhaar authentication mandatory for suspicious GST registration applications, following successful pilots in Gujarat and Andhra Pradesh.

HC Upholds Anti-Profiteering Provision in CGST Act: Consumer Welfare

January 29, 2024 20:20

The Delhi High Court upheld the validity of Section 171 of the CGST Act, 2017, which mandates companies to reduce prices by the amount they save in taxes, promoting consumer welfare.

Budget 2023: Industry Seeks Tax Incentives, Funding Boost

January 25, 2024 16:06

Indian industry calls for tax breaks, increased funding for R&D, green tech, and export promotion in the upcoming Union Budget. They also urge for a global shipping line and support for...

Telecom Infra Providers Seek Tax Credit in Budget 2024

January 23, 2024 17:26

Telecom infrastructure providers are seeking input tax credit on telecom towers, increased tax depreciation rate, and TDS rationalization in the Union Budget 2024.

Restaurant Industry Seeks GST Changes in Union Budget

January 15, 2024 15:13

The National Restaurant Association of India (NRAI) has urged the government to restore input tax credit for restaurants and increase the GST rate to 12%.

GST Intelligence Unit Detects Rs 1.98 Lakh Crore Tax Evasion in 2023

January 11, 2024 20:13

India's GST intelligence unit uncovered over Rs 1.98 lakh crore in tax evasion cases in 2023, arresting 140 masterminds and achieving significant voluntary payments.

Delhi GST Bill Approved: Amendments & Key Changes - PTI

January 10, 2024 18:03

Delhi's Lt Governor VK Saxena has approved the Delhi Goods and Services Tax (Second Amendment) Bill, 2023, aligning state and central GST provisions.

GST Officers Detect 29,000 Bogus Firms, Save Rs 4,646 Crore

January 7, 2024 19:18

GST officers have detected 29,273 bogus firms involved in fake ITC claims worth Rs 44,015 crore, saving Rs 4,646 crore in revenue. Maharashtra topped the list with 926 bogus firms detected.

LIC Faces Rs 663 Crore GST Demand Notice

January 3, 2024 22:29

Life Insurance Corporation of India (LIC) received a Rs 663.45 crore GST demand notice for short payment due to ITC misavailment and incorrect GST supply declaration. LIC will appeal the order.

CEAT Faces Rs 19 Crore GST Demand & Penalties

January 3, 2024 16:23

Tyre maker CEAT Ltd received over Rs 19 crore in GST demands and penalties from authorities in Maharashtra and Vadodara. The company is analyzing the orders and taking steps to address them.

Asian Paints Receives Rs 2.07 Crore GST Demand Notices

January 2, 2024 19:42

Asian Paints received three GST demand notices totaling Rs 2.07 crore, including interest and penalties, for allegedly ineligible ITC. The company claims to have rightfully availed ITC and will...

Eicher Motors Faces Rs 130 Cr Tax Demand: Details

January 1, 2024 19:39

Eicher Motors received Rs 130 crore tax demand notices from multiple authorities over GST issues. The company plans to challenge the demands, citing inconsistencies in the claims.

UltraTech Cement Faces Rs 72 Lakh GST Demand

January 1, 2024 19:07

UltraTech Cement received two GST demand orders totaling Rs 72.06 lakh. The company will challenge the orders alleging ineligible ITC and ISD credit.

Asian Paints Receives Rs 13.83 Cr GST Demand Notice

January 1, 2024 17:26

Asian Paints has received a GST demand notice of Rs 13.83 crore and a penalty of Rs 1.38 crore from the Deputy Commissioner of State Tax, Chennai, for the financial year 2017-18. The company plans...

Mahindra & Mahindra Faces Rs 4.12 Crore Tax Penalty

December 29, 2023 13:11

Mahindra & Mahindra has been slapped with a Rs 4.12 crore tax penalty for its two-wheeler business over input tax credit claims. The company plans to appeal the order.

GST Deadline Extension: FY'19 & FY'20 Demand Notices

December 29, 2023 12:15

Indian government extends deadline for GST officers to issue demand notices for FY'19 and FY'20, pushing the dates to April 30, 2024 and August 31, 2024, respectively.

GST Deadline Extension for FY'19 & FY'20

December 28, 2023 21:43

The Indian government has extended the deadline for GST officers to issue demand notices for discrepancies in annual returns for FY'19 and FY'20. The new deadlines are April 30, 2024, and August...

ICICI, Kotak Mahindra Bank Face GST Demand Notices

December 28, 2023 16:11

ICICI Bank received a Rs 26.8 crore GST demand notice for alleged short payment, while Kotak Mahindra Bank received a Rs 62.3 lakh notice for disallowed ITC.

Bata India Faces Rs 60 Cr Sales Tax Notice | Business News

December 28, 2023 13:24

Footwear giant Bata India has received a Rs 60.56 crore sales tax notice from the Tamil Nadu government for the 2018-19 financial year. The notice raises concerns about discrepancies in GST returns.

ICICI Pru Life Faces Rs 270 Cr GST Demand: Details

December 27, 2023 16:54

ICICI Prudential Life Insurance has received a Rs 270 crore GST demand notice from Maharashtra authorities for alleged short payment in 2017-18. The company plans to appeal the order.

ICICI Lombard Faces Rs 5.66 Crore GST Demand

December 27, 2023 14:38

ICICI Lombard received a GST demand notice of over Rs 5.66 crore for alleged short payment. The company plans to appeal the order.

Airtel Challenges Rs 24.9 Lakh CGST Penalty

December 26, 2023 19:16

Bharti Airtel disputes a Rs 24.94 lakh penalty imposed under the Central Goods and Services Tax Act for alleged irregular input tax credit claims. The company plans to seek rectification or...

NAREDCO Seeks Rs 50k Cr for Stalled Housing Projects

December 17, 2023 16:14

NAREDCO has urged the government to provide Rs 50,000 crore under SWAMIH to complete stalled housing projects, along with other measures like input tax credit under GST and incentives for rental...

CBIC: Don't Apply SC Ruling Mechanically in Employee Secondment Cases

December 14, 2023 17:20

The CBIC has instructed its field offices not to mechanically apply the Supreme Court ruling on employee secondment in all cases, emphasizing a case-by-case assessment based on unique characteristics.

GST Officials Bust ITC Fraud Syndicate: Rs 275 Crore Scam

November 6, 2023 22:35

GST officers busted a syndicate involved in fraudulent ITC claims worth Rs 275 crore, using 102 fake firms. The syndicate was operated by four masterminds who used stolen KYC documents to create...

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'input tax credit'

Hotel Restaurants: 18% GST on Rooms Above Rs 7,500/Day - CBIC

FHRAI Seeks GST Delinking for Hotel Food & Beverage

Mahindra Holidays Faces Rs 17.5 Cr GST Demand

IndiGo Faces Fine Over Input Tax Credit, Exploring Legal Options

Vodafone Idea Faces Rs 16.73 cr GST Demand - Telecom News

LIC Receives Rs 479.88 Crore GST Demand Notice

IndiGo Faces Fine Over Input Tax Credit: Legal Action Considered

LIC Receives Rs 57.2 Crore GST Demand Notice

Bajaj Electricals Faces Rs 14.08 Cr GST Demand in Punjab

FICCI, Assocham Seek ITC on Leasing Properties: Impact on Real Estate

Rs 1,196 Cr GST Fraud Uncovered in Pune: DGGI Arrests One

HCL Infosystems Narrows Q3 Loss to Rs 5.25 cr

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

IndiGo Penalized Rs 115.86 Cr by GST Authorities

CGST Law Amendment Hits Realty: Experts

Rs 3,200 Cr GST Fraud Uncovered: 2 Arrested

Indian Aircraft MRO Biz to Grow 50% by FY26: Crisil

NRAI Seeks Industry Status for Food Services Sector

Tax Simplification in India: Focus for 2025

Mahindra & Mahindra Tax Inspection in Chennai

GST Council Supports Small Businesses: Key Decisions &amp; Tax Updates

GST Council to Decide on Lower Insurance Taxes, ATF Inclusion

Journalist Mahesh Langa Arrested in GST Evasion Case

GST Council to Rejig Tax Rates on Insurance, Watches, Shoes & More

Punjab GST Department Busts Rs 163 Crore Bogus Billing Scam

Akzo Nobel India Faces Rs 46 Crore Tax Demand

Hyundai Motor India Faces Rs 5 Crore Tax Demand from Maharashtra

CREDAI Demands Tax Breaks to Boost Housing Demand

Crypto Scepticism: DFS Secretary Backs RBI's Caution

GST Evasion: 18,000 Fake Firms Detected, Rs 25K Cr Loss - News

GST Anti-Profiteering Sunset Date: Apr 1, 2025

GST Fraud: 10,700 Fake Firms, Rs 10k Cr Evasion Detected

Rs 2.01 Lakh Cr GST Evasion Detected in FY24: DGGI

GST ITC on Demo Cars: CBIC Clarifies Dealers Can Claim Credit

GSTN Launches Invoice Management System for ITC Claims on October 1

Vodafone Idea Hit with Rs 73 Crore GST Demand

LIC Faces Rs 606 Crore GST Demand for FY20

Vodafone Idea Ordered to Pay Rs 16.7 Cr in GST, Penalty

Kalpataru Projects Gets GST Tax Notice - Rs 12 Lakh Demand

IndiGo Challenges GST Penalties: Input Tax Credit Dispute

GST Enforcement Balance: Ease of Biz & Evasion Detection

Hero MotoCorp Gets Rs 17 Crore Tax Notice from Delhi GST

GST Fake Registration Drive: India to Launch 2nd Campaign

GST Fake Registration Drive: CBIC Launches 2-Month Crackdown

Aircraft MRO Industry to Reach USD 4 Billion in 7 Years: Minister

GST ISD Registration Deadline: April 1, 2025 for Multi-State Cos

Eicher Motors GST Demand Reduced to Rs 27 cr - PTI

Fake ITC Claims Up 51% to Rs 36,374 Cr in FY24: GST

USIBC Recommends PLI for Media, Entertainment in Budget

Union Budget 2024: MSME Loan Limit, Tax Relief & More

Gujarat's Aadhaar-based GST Verification Model Adopted Nationally

GSTR-1A: Amend Outward Supply Form | Finance Ministry

Food Services Sector to Reach Rs 7.76 Lakh Crore by FY28: NRAI

NATHEALTH Urges Govt to Hike Public Health Spending

Travel Agents Demand Industry Status, GST Rationalization

GST Reduced Taxes on Household Goods: FinMin

GST Council Grants Relief to Late Filers: ITC Denial Waiver

India's Tax System: Moderating Rates, Widening Base

Aadhaar-based GST Registration: 5 States Show Interest

IDBI Bank Receives Rs 2.97 Crore GST Demand Order

Car Dealers Can Claim ITC on Demo Cars: AAR Ruling

Aurobindo Pharma Faces Rs 13 cr Tax Demand for Ineligible ITC

GST Meeting to Discuss Fake Registrations & Tax Evasion

Patanjali Foods Faces GST Dues Show Cause Notice - Rs 27.46 Crore

Patanjali Foods Faces GST Dues: Rs 27.46 Crore Input Tax Credit Under Scrutiny

Sun Pharma Faces Rs 1.11 Cr Tax Demand Over Input Tax Credit

Sebi Fines LEEL Electricals Rs 14 Cr for Accounts Manipulation

Apollo Tyres Faces Rs 2.06 Crore Tax Demand in Tamil Nadu

India Business News: Manufacturing Growth, Byju's Layoffs, Zomato Tax Demand

Vedanta Faces Rs 1.86 Cr GST Demand: Appeal Planned

GST Council to Clarify RERA Tax Exemption

Biocon Penalized Over Rs 3 Crore for GST Issues

GST Evasion Cases Rise: 14,597 Detected in 2023

GST Intelligence Detects Rs 18,000 Crore Fake ITC Cases, 98 Arrested

GST Council to Consider Pan-India Biometric Authentication for Registration

HC Upholds Anti-Profiteering Provision in CGST Act: Consumer Welfare

Budget 2023: Industry Seeks Tax Incentives, Funding Boost

Telecom Infra Providers Seek Tax Credit in Budget 2024

Restaurant Industry Seeks GST Changes in Union Budget

GST Council Supports Small Businesses: Key Decisions & Tax Updates