GST: Rajasthan Govt introduces Family Assistant Scheme for Non-Defaulting Dealers [Read Order]
The Rajasthan State Government has introduced a Family Assistant Scheme for dealers/ traders who are bonafide residents of Rajasthan, registered-in VAT / GST in Rajasthan and have been carrying on business for at least one
GST: CBIC extends due date for Filing FORM GST CMP-08 [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the extension for filing returns by the composition dealers in Form CMP-08. According to the Notification, “Provided that the due date for
ED Conducts Searches at Hawala Operators and illegal Forex Dealers in Kerala
The Directorate of Enforcement (ED), has conducted searches on 19.06.2023 under FEMA, 1999 at 14 locations in Kerala as part of investigation against network of Hawala operators and illegal Forex Dealers in the state of
Composition Dealers need not furnish data in serial number 4A of Table 4 of FORM GSTR-4: Finance Ministry
The Finance Ministry has clarified that, Composition Dealers need not furnish data in serial number 4A of Table 4 of FORM GSTR-4. It has been brought to notice that doubts regarding the manner of filing the quarterly return
Govt notifies Due Date Extension for CMP-08 for Composition Dealers [Read Notification]
In a major relief to the composition taxpayers, the Central Government has notified the due date extension for for furnishing FORM GST CMP-08 for the quarter April -June 2019 till 31.08.2019 On Saturday, the Goods
SEBI imposes penalty of Rs. 5 lakh on Jahman Dealers Pvt. Ltd for ignoring of Summons. [Read Order]
Securities Exchange Board of India(SEBI) on Friday imposed penalty of Rs. 5 Lakhs on Jahman Dealers Pvt. Ltd under Section 15A(a) of SEBI Act, 1992 for non-compliance of Summons in the matter of Dwitiya Trading
CBIC extends Due Date for filing GST Return by Composition Dealers [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has extended the due date for filing of GSTR-4 by the composition dealers for the financial year ending 31st March, 2020, till the 15th day of
Income Tax Department conducts Search on a group of individuals, Hawala dealers and Businessmen in Raipur
On 27.02.2020, Income Tax Department conducted a search on a group of individuals, hawala dealers, and businessmen in Raipur. The search action was mounted on the basis of credible inputs, intelligence and evidence of the
GST: Karnataka to physically verify Taxpayers
In a bid to curb tax evasion, the Karnataka Commercial Tax Department to start verification of registered GST dealers manually to determine the genuineness of the documents. The move may initiate a beginning of ‘inspector
GSTN Alert: Taxpayers can’t View Return Summary Due to this Change in Portal
A new facility has been enabled in the GST portal as a result of which, the taxpayers may not be able to view summary of the Return already filed for a few days, GSTN said.
GSTN adds New Feature: Composition Dealers can now provide Amendment Details in Return
To the relief of composition taxpayers, the Goods and Services Tax Network (GSTN) has provided the facility to provide details of amendment, in FORM GSTR 4. With this, the composition taxpayers can now file amendment
GST Council Meet Over: Two percent Incentive for Digital Payments
The GST Council, after its 27th Meeting, has decided to approve a proposal wherein a 2 per cent concession, subject to a ceiling of Rs 100 per transaction, may be offered to consumers in B2C transactions
VAT Dealer opting Composition Scheme cannot be subject to Regular Assessment: Telangana HC [Read Order]
A division bench of Justice Ujjal Bhuyan and Justice Surepalli Nanda has held that a VAT dealer who has opted for a composition scheme under the Telangana VAT Act, 2005 shall not be subjected to
GST April Collection exceeds Rs. 1 Lakh Crore
The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore, SGST is Rs.25,704 crore,  IGST is Rs. 50,548 crore (including 21,246 crore collected on imports)
GST Anti-profiteering: NAA’s First Order favors Car Dealers [Read Order]
The National Anti-profiteering Authority (NAA), in its first order, has dismissed a complaint against a Bareilly-based Honda car dealer by holding that it did not contravene the anti-profiteering provisions of the Central Goods and Services