# gst
12 posts in `gst` tag
Digital Transformation UPI Payments GST Ten States APNOKACA
You can access this feature through any UPI using Kotak Mahindra Bank. It's a significant move towards making GST payments more digital and straightforward.
-
By Krishna
Influence of GST on India Budget Distribution: Insights from APNOKACA
In December 2023, GST collections increased by 10%, reaching around Rs 1.64 lakh crore compared to Rs 1.49 lakh crore in the same month in 2022, as reported by the finance ministry.
-
By Krishna
Major Development GST Authorities Release Demand Notices Amounting 1.45 Lakh Crore
This surge in notices is attributed to the deadline for issuing notices for the 2017-18 period, which was December 31, 2023.
-
By Krishna
Challenges in Taxation: The Surge in GST Notices for Numerous Companies
On New Year's Day, Life Insurance Corporation of India (LIC) received a demand notice of approximately Rs 806 crore for an alleged shortfall in Goods and Services Tax (GST) payment for the fiscal year 2017-18.
-
By Krishna
LIC Receives GST Demand Notice Rs 806 Crore Plans to Appeal the Order
Life Insurance Corporation of India (LIC) has disclosed that it recently received a notice for GST payment, along with interest and penalty, totaling Rs 806 crore.
-
By Krishna
GST Collections Approach Rs1.65 Trillion in December 2023
In December 2023, gross revenue, reflecting business transactions from November, reached Rs 1,64,882 crore.
-
By Krishna
GST Amnesty Scheme Deadline Extended January 31
This initiative allows specific GST taxpayers to file appeals against GST tax demand orders until January 31, 2024.
-
By Krishna
Upcoming GST Return Rectification Option
An official noted that enabling the revision of GST returns could streamline the filing process and contribute to a reduction in legal disputes.
-
By Krishna
Revised GST Returns From April 2025
To implement this, the GSTN (GST Network) plans to assign the task to the next technology vendor for the GST portal, as the current service provider, Infosys, has a contract that expires on September 30, 2024.
-
By Krishna
GST Registered Taxpayers Double Six Years Sitharaman
On Tuesday, the Lok Sabha passed an amendment Bill, aligning the Central Goods and Services Tax (CGST) Act, 2017, with the Tribunal Reforms Act, 2021.
-
By Krishna
Supreme Court Rejects GST Department Appeal High Court Ruling Input Tax Credit
The case revolves around the department's demand to reverse the Input Tax Credit (ITC) claimed by the company. This demand was based on the GST owed by its supplier not being reflected in the relevant form.
-
By Krishna
GST Return Filers Growth 11.28 Million 5 Years
According to information provided by the ministry, 90% of eligible taxpayers now complete the filing of GSTR-3B returns by the end of the respective filing month in the current fiscal year.
-
By Krishna