Many Large Companies To Move Appellate Authority Against GST Demand Notices | Companies News

[ad_1] New Delhi: Many large companies that have received GST demand notices have decided to file an appeal with the Appellate Authority. In recent days, an increasing number of GST notices have been sent to many companies mainly on account of alleged discrepancy in input tax credit (ITC). ICICI Lombard General Insurance Company Limited said … Read more

GST Collections Creates Another Record With Rs 1.78 Lakh Crore-Mark In March | Economy News

[ad_1] New Delhi: Seven years since it was first rolled out on July 1, 2017, the Goods and Services Tax has undergone a massive change since then. While the GST collection amount hit a record high in March 2023, it has again touched second highest tally in March 2024. The Goods and Services Tax … Read more

Zomato Faces Rs 8.6 Crore GST Penalty Notice From Deputy Commissioner Of State Tax | Companies News

[ad_1] New Delhi: Zomato, the popular online food delivery app has recently been served with a penalty notice for Goods and Services Tax (GST) by the Deputy Commissioner of State Tax in Gujarat. As per a disclosure made to the stock exchanges, Zomato has received a demand order due to the overutilization of input tax … Read more

Deadline For GST Composition Scheme Is March 31: Check What It Is, How To Opt, And More | Economy News

[ad_1] New Delhi: Every business registered under GST needs to submit returns either every month or every quarter, along with an annual return. These returns, known as GSTR filings, are completed online through the GST portal. But, if you want to avail the benefit of the Composition Scheme, the deadline is March 31, 2024. Now, … Read more