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GST Dues Tips: The opportunity to clear all old GST dues, interest and penalty will also be waived..
Like income tax, the government is constantly trying to end GST-related disputes so that businessmen can get relief. Under ...
File GSTR-9C by March 31 to get late fee waive-off and avoid GST notice
GSTR-9C is a reconciliation statement between the annual returns filed in GSTR-9 and the audited annual financial statements ...
How GST Budget Reforms Could Shape the Future of India's MSME
The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical ...
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GST Assessment Order Without Assessing Officer Signature is invalid: AP HC
The government’s representative, upon investigation, confirmed that the assessment order did not contain the signature of the ...
Received GST Notice? How to Verify If It's Fake or Genuine and What to Do Next
The CBIC has warned the public about fake GST violation notices. They advise checking any notices from the DGGI or CGST ...
Tax Guru42m
Patna HC Sets Aside GST Assessment which was Based on Taxable Turnover Estimate
Patna High Court invalidated a GST assessment for the petitioner, Run Service Infocare Pvt. Ltd., citing the lack of ...
No GST on penal charges levied by banks, NBFCs: CBIC
The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling of ...
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Finance Ministry warns taxpayers about fake GST violation notices; How to verify
The Central Board of Indirect Taxes and Customs (CBIC) confirmed that some fraudsters are sending counterfeit GST summons, ...
CBIC Confirms No GST Applicability on Penal Charges Imposed by Banks and NBFCs
The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...
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No GST on Bank, NBFC Penal Charges: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...
No GST on penal fees for loan non-compliance, says finance ministry
The RBI in its circular had directed regulated entities to replace "penal interest" with "penal charges" for borrowers who fail to comply with loan terms ...