Considerable on MSN

CBIC Plans Limits on GST Notices

GST demand notices are formal claims raised by tax authorities when they suspect underpayment or misreporting of tax. While ...

GST return filing to get easier! CBIC plans simpler process; monetary threshold for demand notices to bring relief

The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid ...
CNBCTV18

Changes notified in annual return form GSTR-9: What taxpayers need to do

The Central Board of Indirect Taxes and Customs (CBIC) has notified changes to the annual GST return form GSTR-9, aimed at ...
Mint

GST return filing changes: New thresholds and liability rules to take effect from September

Starting this September, taxpayers in India may need to adjust their GST return filing practices due to upcoming changes that could affect compliance and financial reporting. These updates include ...
Business Today

Number of GST return filers rose 65% to 1.13 crore in 5 years, 90% submitting form on time: FinMin

The Finance Ministry said on Sunday, that the GST return filers numbers rose about 65 per cent to 1.13 crore in 5 years till April 2023 In November, the monthly total GST collection was Rs 1.68 lakh ...
Tax Guru

ITAT Delhi Restricts Bogus Purchase Addition to 5% GP on Actual Purchases

Delhi ITAT allowed an assessee's appeal, holding that an addition for bogus purchases couldn't be sustained solely on the supplier's wrongly reported GST data (Rs. 76.10 ...