To ensure the integrity of tax collection, the GST department can provisionally seize a taxpayer's bank account. This ...
Taxpayers must furnish bank account details within 30 days of registration or before filing GSTR-1/IFF. Non-compliance may lead to GST registration ...
Bank account attachment under GST is typically triggered in cases of fake ITC claims, fake invoicing, GST collected but not ...
The Goods and Services Tax Network (GSTN) has issued an advisory asking taxpayers to update their bank account details on the portal at the earliest. Non-compliance could lead to suspension of GST ...
The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.
The government has decided to give GST refund to exporters in the bank accounts they have filed with the customs department and not in those they have mentioned in the GST registration forms. "In ...
GST and Taxation for MSMEs: Since the launch of July 2017, Goods & Service Tax (GST) has been the most important factor for government and businesses with many changes being introduced recently. GST ...