As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, the auto industry eagerly anticipates ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such ...

The government’s representative, upon investigation, confirmed that the assessment order did not contain the signature of the ...

GSTR-9C is a reconciliation statement between the annual returns filed in GSTR-9 and the audited annual financial statements ...

The Central Board of Indirect Taxes and Customs (CBIC) confirmed that some fraudsters are sending counterfeit GST summons, ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

GST Demand and Recovery (DRC) forms are necessary for: Communicating tax liabilities and disputes between taxpayers and the GST department. Ensuring compliance and facilitating voluntary payments by ...

Like income tax, the government is constantly trying to end GST-related disputes so that businessmen can get relief. Under ...

Adani Power; private power generation player; has been slapped with GST demand of over Rs 31 crore, according to company's ...

Here’s everything you need to know about the expectations for Union Budget, date and time of the budget presentation, whether stock market is open on that day and more.

The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...

Hybrid EVs offer a bridge for consumers hesitant to fully transition to EVs due to concerns such as range anxiety, charging ...