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GSTR-1 deadline: The last date to file GSTR-1 for March 2024 tax period was April 11, 2024, however GSTN has recommended to the Central Board of Indirect Taxes and Customs (CBIC) that the deadline to file GSTR-1 be extended by one day to April 12, 2024. However as of 1 pm on April 12, 2024 no circular or notification from CBIC has come in this regard. ....
In March 2024, Goods and Service Tax (GST) collection surged 11.5% year-on-year to Rs 1.78 lakh crore, marking the second-highest since GST s inception in July 2017. For FY24, GST collection soared by 11.7% to Rs 20.14 lakh crore, with average monthly collection rising to Rs 1.68 lakh crore from the previous year s Rs 1.5 lakh crore. ....
Lieutenant governor VK Saxena has asked Delhi govt to hold a detailed inquiry into goods and service tax (GST) evasions and tighten tax administration in the capital. Delhi govt, meanhwile, said it condemns any instances of tax evasion and is unwaveringly committed to enforcing strict compliance with tax laws. Strictest possible action will be initiated against the violators at once, it said. ....
The Supreme Court on Monday sought the response of the Central government on a plea filed by online gaming companies challenging the levy of 28 percent Goods and Service Tax on all forms of online real-money gaming. ....
SC issued notice to the Union government and the director general of the GST Intelligence, observing that the case required a consideration by the top court | Latest News India ....