GST
Breaking News
RAI calls for demand-boosting measures in Union Budget 2024 to energize retail sector
The Retailers Association of India has recommended to the central government that the Union Budget for the fiscal year 2023–2024 should prioritize stimulating demand...
Delhi’s excise department rides high on soaring liquor sales, notching a 9% revenue surge in Q3 2023-24
Riding the wave of increased sales attributed to a growing number of shops and improved brand availability, the revenue of Delhi government’s excise department...
Hindustan Unilever faces INR 447.5 Crore GST demands and penalties from five states
Hindustan Unilever Ltd, a leading FMCG manufacturer, has received GST demands and penalties totaling INR 447.5 crore from authorities in five states. In a...
Zomato may face a minimum of 3 years of litigation over INR 400 Crore GST notice, say experts
Taxation experts suggest that Zomato, a food delivery service based in Gurugram, could face legal battles lasting three to five years. The company asserts...
Zomato shares drop 1.69% on BSE, 1.77% on NSE after INR 401.7 Crore GST notice
Zomato, the online food delivery platform, has been issued a show cause notice by the Goods and Services Tax (GST) office, totaling INR 401.7...
Zomato receives INR 401.7 Crore show cause notice from GST authority over unpaid taxes
Foodtech giant Zomato has been issued a show cause notice of INR 401.7 Crore by the Directorate General of GST Intelligence, Pune Zonal Unit....
Meesho reports 14 Crore customer transactions in 2023, with 80% of orders originating beyond tier 2 cities
E-commerce platform Meesho announced on Thursday that it facilitated transactions for 14 crore customers on its platform in 2023, with 80 percent of orders...
India’s hospitality industry toasts to 2024 with high hopes and record-breaking revenue growth
With the pandemic blues behind us, domestic travel has been unleashed, and notable global events like India's G20 Presidency and the men's cricket World...
E-commerce giant Meesho onboards 25K non-GST sellers since Oct’23; aims for digitizing 10 Million by 2027
E-commerce platform Meesho reported on Friday that it has successfully onboarded 25,000 non-GST sellers since October 2023.The platform witnessed a surge in non-GST seller...
Zomato and Swiggy to engage with tax authorities over INR 1,000 Crore GST notices on delivery fees
Zomato and Swiggy intend to engage with goods and services tax authorities to clarify their stance following the issuance of notices demanding taxation on...
Zomato stocks take a hit as tax notices over non-payment of GST rattle investors
Zomato’s shares opened flat on Thursday, as reports emerged about tax notices being served to food delivery aggregators Zomato and Swiggy over non-payment.As of...
Zomato and Swiggy grapple with INR 1,000 Cr GST notices as tax authorities include delivery charges in revenue assessment
Zomato and Swiggy, the prominent players in the food delivery industry, are facing fresh tax challenges. According to reports, both companies have been served...