New GST rule from April 1, 2025: ISD mandatory for input tax credit; not following will lead to ITC denial, minimum penalty of Rs 10,000
GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...
Tax Guru21h
Reconsider 200% Penalty on Non-Generation of E-Invoice; Released vehicle on ₹10 Lakh Deposit: HC
Review of matter imposing 200% Penalty on non-generation of E-Invoice due to non-consideration of Circular No. 10/2019 dated 31.05.2019 Conclusion: The Officer was directed for fresh consideration of ...
RetailBiz1d
Does my business need to register for GST?
Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...
GST-ITC fraud cases surged 41%, amount detected jumped 28% in Apr-Jan over full FY24
Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
Tax Guru3d
Allahabad HC Upholds GST Penalty for Goods Without Valid Challan
GST Penalty proceedings are valid, in case of movement of Goods for job work, without valid challan-Allahabad High Court.