Wed, Aug 14, 2024
Mahindra Holidays & Resorts India has received a tax demand notice of Rs 16.77 crore, including a penalty, from the tax authorities for FY2019-20. The notice pertains to GST issues under the TN GST Act and CGST Act, including penalties for excess ITC utilization and reverse charge mechanism discrepancies. The company is pursuing legal remedies and does not anticipate significant financial impact from the order.
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Wed, Jul 03, 2019
With Union Finance Minister Nirmala Sitharaman all set to present Modi 2.0's first Full Budget on July 5, expectations and hopes of various traders, industrialists, and other people from the business section are running high.
Fri, Jun 21, 2019
Society of Indian Automobile Manufacturers (SIAM) has said that the entire automotive industry including all the players in the passenger car, commercial vehicle as well as two/three-wheeler manufacturers are totally united in seeking a reduction in the GST rate from 28% to 18% on vehicles.
Fri, Apr 19, 2019
The Directorate General of Anti-Profiteering (DGAP) has served a notice on technology major Samsung India for allegedly not passing on the benefits of GST reduction to its customers and in turn making undue profits, sources said. The notice, sources said, was served on the basis of a complaint th
Sat, Jul 28, 2018
The online shopping portal has launched a new teaser highlighting the tagline ‘GST rate cutter is here’ where it says boldly prices of TV and appliances have dropped.
Sun, Jul 22, 2018
The cut in prices by GST Council in those items belonging in the highest slab, will get cheaper from July 27. Here is full list of items that will become cheaper.
Wed, Jul 18, 2018
IGST refunds amounting to Rs 21,142 crore and RFD-01A refunds totalling Rs 16,920 crore has been sanctioned by CBIC (Central Board of Indirect Taxes and Customs) and state governments as on June 16, 2018
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