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The Life Insurance Corporation (LIC) received a Rs.605.5 crore GST Demand Notice for the financial year 2019-20.

LIC receives Rs.605.5 Crore GST Demand Notice for FY20

The experts expect that the 54th meeting will discuss and make announcements on rate rationalisation, tax slab cuts, the removal of the inverted duty structure and more.

Expectations from 54th GST Council Meeting going to be held on 9th September

The Deputy Commissioner of State Tax (Rajasthan) has issued a demand order against Bandhan Bank under Section 73 of the RGST/ CGST Act 2017 about a GST matter.

Rajasthan GST Department issues Demand Order Against Bandhan Bank

The GST department in Patna has ordered debt-ridden Vodafone Idea to pay GST of Rs 15.19 crore, plus a penalty of Rs 1.51 crore in an ineligible ITC case.

GST Department asked Vodafone Idea to pay GST of Rs.15.19 Crore along with Rs.1.51 Crore Penalty

The Finance Minister said that the GST council will be discussing rationalising tax rates next month, but that a final decision on changing taxes and slabs will come later.

FM Sitharaman says GST Council meet to discuss Rate Rationalisation on Sep 9

Judgement

Maharashtra's Authority for Advance Rulings has announced that the RBI will not be obliged to register GST on fines and penalties collected from its controlled institutions.

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LIC receives Rs.605.5 Crore GST Demand Notice for FY20

Expectations from 54th GST Council Meeting going to be held on 9th September

Rajasthan GST Department issues Demand Order Against Bandhan Bank

GST Department asked Vodafone Idea to pay GST of Rs.15.19 Crore along with Rs.1.51 Crore Penalty

FM Sitharaman says GST Council meet to discuss Rate Rationalisation on Sep 9

No GST on RBI's Penalties, Late Fees and Fines; Says Maharashtra AAR