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March 31, 2024
The demand order has been received in respect of excess availment of input tax credit and interest, penalty thereon, the company said in an exchange filing.
August 6, 2022
Many important issues were discussed between the two leaders, including the outstanding GST payment to the state, for which the Prime Minister also assured to find a solution.
June 24, 2022
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.
May 24, 2021
Majority of small businessmen want taxman to waive off late fee on GST payment: Survey SECTIONS Share Synopsis About 89% small businesses want the government to allow GST payments for March - May without late fee and interest till June 30th, 2021, a LocalCircles survey said Sunday. Agencies Most micro entrepreneurs and traders still are on a paper-based system where manual interfacing between them and their accountant takes place to finalise GST details and thereafter an electronic payment is m...