CESTAT Delhi ruled that subscription and redemption of mutual fund units do not constitute trading under Section 66D(e) of the Finance Act. As units are cancelled upon redemption and not transferred, ...

For the same, the company faces a GST demand of Rs 492.06 crore along with an equal penalty of Rs 492.06 crore, making it Rs ...

The analysis confirms that export of legal services qualifies as zero-rated supply under Section 16 of the IGST Act. Refund ...

Lucknow: In a crackdown on GST fraud, a joint team of the Cyber Cell, Surveillance Unit and police from Lucknow's Itaunja busted an organised racket t.

The parent firm of IndiGo, InterGlobe Aviation, the biggest airline in India by market share, said that it had been fined just over ₹1.27 crore.

A Tulsea–Ormax report finds AI use growing among Indian screenwriters as most still report unfair pay, weak credit standards ...

IndiGo faces Rs 1.27 crore penalty related to GST input tax credit. The airline will challenge the order, citing it as ...

CGST Thane busts Rs 172 crore fake input tax credit racket. Chemical company owner arrested for the scam. Investigation details here.

Reserve Bank of India proposes new Kisan Credit Card guidelines to expand coverage, simplify operations and support modern ...

Officials from the Directorate-General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, on Saturday (February 7) arrested the proprietor of Labbaik Minerals, Sheik Shabbir, for allegedly availing ...

Since the advent of the Goods and Services Tax regime, a recurrent and deeply contested issue has been that of denial of Input Tax Credit to bona fide recipients in circumstances where the recipient ...