Under the new invoice management system, GSTR-2B will now be generated quarterly instead of monthly for taxpayers who file returns on a quarterly basis. However, for the first two months of the ...
A recent investigation by Gujarat's GST department has revealed a staggering ₹3.53 crore in tax evasion through searches conducted across various locations. The findings include illicit sales and ...
As of 2024, the GST slab rates in India are categorised into four slabs: 0% , 5%, 12%, 18%, and 28%. Understanding the basics of GST tax rates holds significant importance for both businesses and ...
Similarly VAT Entry Tax, Purchase Tax, Entertainment Tax ... As for services, only two copies suffice. Can invoices issued before GST be revised? Yes, invoices issued before GST can be revised. Under ...
The Gujarat State GST department conducted searches on seven commercial entities and detected tax evasion of Rs 3.53 crore. The firms were found to be concealing revenues, selling without invoices, ...
In a significant crackdown on GST fraud, 15 firms, including Ahmedabad's DA Enterprise, were accused of engaging in bogus billing, resulting in a loss of Rs 61.38 lakh to the government. Five ...