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Asian Paints Faces ₹13.83 Crore GST Demand: What You Need to Know

Introduction: In a recent development, Asian Paints, one of the leading paint manufacturers, disclosed receiving a Goods and Services Tax (GST) demand notice of ₹13.83...

Zomato Receives GST Demand Notice of ₹ 402 Crore

In a recent development, Zomato Ltd, the leading food delivery platform, finds itself in the crosshairs of the Goods and Services Tax (GST) Department,...

Zomato’s ₹402 Crore GST Showdown: Tax Trouble Brews as Food Delivery Giant Takes a Stand!”

In a startling turn of events, Zomato, the popular food delivery service, has been hit with a formidable show cause notice amounting to a...

FM Sitharaman Gives Nod to Setting Up of GST Appellate Tribunal in Indore

Union Finance Minister Nirmala Sitharaman has given her approval for the establishment of a Goods and Services Tax (GST) Appellate Tribunal in Indore, according...

ICICI Bank Faces ₹ 7.47 cr GST Demand From Maharashtra Department

In a recent development, ICICI Bank has disclosed to the exchanges that it is confronting a GST demand from the Maharashtra Goods and Services...

Lessor is Liable to Pay GST on Forward Charge Basis When the Residential Property is Rented Out for Commercial Purpose

In a recent ruling by the AAR, Rajasthan, the GST liability for lessors of residential properties used for commercial purposes has been clarified. The...

AI’s Growing Role in Uncovering GST Evasions Raises Concerns Among Businesses

In a striking revelation, AI technology played a pivotal role in identifying GST mismatches amounting to a staggering ₹30,000 crore during the previous financial...

Maruti Suzuki Trades Lower Despite Revoking of ₹ 1.8-crore GST Demand

In a surprising turn of events, Maruti Suzuki witnessed a dip in its stock value on December 8, despite a favorable order from the...

Govt Detecting Increasing Amounts of GST Evasion Each Year, But Recoveries are Falling Short

New Delhi: The Ministry of Finance revealed this week that the government is grappling with a concerning trend in Goods and Services Tax (GST)...

GST Collection — Why the Last Lap of This Financial Year is Critical

The Goods & Services Tax (GST) collection has emerged as a fiscal powerhouse, setting impressive records in the financial landscape. As of October 2023,...

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