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gst

ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore

by Maya Ortiz
ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore

Tax officers are investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. …

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CEAT gets GST demand, penalties of over Rs 19 cr

by Horatio Thompson
CEAT gets GST demand, penalties of over Rs 19 cr

New Delhi: Tyre maker CEAT Ltd on Wednesday said it has received GST demand and penalties totalling over Rs 19 crore from tax authorities in Maharashtra and Vadodara. The Additional …

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Bill that removes GST from rental builds, amends Competition Act set to become law – National

by Vera Ward
Bill that removes GST from rental builds, amends Competition Act set to become law – National

By Staff The Canadian Press Posted December 14, 2023 9:02 pm Descrease article font size Increase article font size Legislation that lifts GST charges off rental developments and amends the country’s competition …

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zomato: Tax troubles: Swiggy and Zomato grapple with freshly served GST notice on delivery fee

by Edgar Davis
zomato: Tax troubles: Swiggy and Zomato grapple with freshly served GST notice on delivery fee

Illustration by Muhabit ul haq via AI. Synopsis Zomato and Swiggy have received GST notices worth INR500 crore each on delivery charges. While the food aggregators maintain that the fee …

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Betting-Based Online Gaming Firms Said to Face Rs. 1 Lakh Crore GST Notices

by Maya Ortiz
Betting-Based Online Gaming Firms Said to Face Rs. 1 Lakh Crore GST Notices

India’s online gaming industry has received show-cause notices amounting to Rs. 1 lakh crore say sources. The notices come even as the industry has raised concerns on the applicable GST …

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Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance

by Maya Ortiz
Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance

The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Online games where winning is dependent …

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Ottawa expected to remove GST on new rental apartment builds – National

by Vera Ward
Ottawa expected to remove GST on new rental apartment builds – National

Descrease article font size Increase article font size The federal government is expected to announce the removal of the GST on the construction of new rental apartment buildings, Global News …

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Nitin Gadkari on diesel vehicles gst: ‘Will increase tax so much you’ll find it difficult to sell’, Gadkari says as he proposes 10% tax on diesel vehicles

by Horatio Thompson
Nitin Gadkari on diesel vehicles gst: ‘Will increase tax so much you’ll find it difficult to sell’, Gadkari says as he proposes 10% tax on diesel vehicles

India’s road transport minister plans to submit a proposal to the finance ministry to levy an additional 10% GST on diesel engine vehicles, a move aimed at boosting climate-friendly vehicles …

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COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment

by Maya Ortiz
COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment

Mobile operators’ association COAI has urged the government for a cut in licence fee to 1 per cent, and sought waiver of customs duty on network equipment for 5G rollout. …

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Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming

by Maya Ortiz
Hike Lays Off Over One-Fifth of Workforce Due to GST Raise on Online Gaming

Kavin Bharti Mittal-founded Hike, which owns Rush Gaming Universe, has laid off about 55 people — more than one-fifth of its total workforce — to absorb the impact of the …

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