Mysuru/Bengaluru: In a recent operation, the Bengaluru unit of Directorate General of GST Intelligence (DGGI) arrested a 24-year-old businessman from Mysuru on the run on Tuesday (Sept. 16), for his alleged involvement in a whopping fraudulent input tax credit racket, with transactions of Rs. 419 crore. Mohammed Kamran, a resident of No. 7, Bannimantap Layout,…
New GST rates will come into effect from Sept. 22 New Delhi: The Goods and Services Tax (GST) Council yesterday approved a complete overhaul of India’s tax consumption tax since its launch in 2017, slashing duties on household essentials, medicines, small cars and appliances and affecting everything from toothpaste and insurance to tractors and cement….
GST notices issued to nearly 9,000 small traders have been withdrawn: CM Bengaluru: Small-scale traders, including bakeries, condiment stores and other small businesses and vendors protesting against Goods and Services Tax (GST) notices linked to Unified Payments Interface (UPI) transactions exceeding Rs. 40 lakh annually have called off their agitation yesterday. The strike was withdrawn…
Bengaluru: City-based KMPK Trust has accused the State Government of imposing excessive GST burdens on small traders, pushing them into financial distress. In a poster-pasting campaign held outside Freedom Fighters’ Park on Narayan Shastri Road, members displayed placards reading “Protect Small Traders from Tax Struggles” to draw the Government’s attention. The Trust condemned what it…
Notices issued based on digital transactions, says Commercial Taxes Joint Commissioner Mysore/Mysuru: The Karnataka Department of Commercial Taxes has issued notices in 1,314 instances across the Mysuru Division — which includes Mysuru, Chamarajanagar, Mandya and Kodagu districts — regarding Goods and Services Tax (GST) registration compliance. These include bakeries, confectionery stores, hotels, canteens, pan shops,…
Karnataka’s actions reflect financial desperation to fulfil funds for guarantees, says Vijayendra Bengaluru: In response to tax notices issued by the Commercial Tax Department, the Karnataka BJP has launched a dedicated helpline (88842-45123) to assist small traders. The helpline will be operational from today (July 21). At the launch of the “We stand with you”…
Mysore/Mysuru: With preparations in full swing across the State, country and the world for International Day of Yoga, Mysuru-Kodagu MP Yaduveer Krishnadatta Chamaraja Wadiyar has urged the Union Government to revise the Goods and Services Tax (GST) levied on Yoga training institutions. The MP met Union Finance Minister Nirmala Sitharaman recently, requesting a reduction in…
Mysuru: Thanks to the efforts of Mysuru-Kodagu MP Yaduveer Krishnadatta Chamaraja Wadiyar, the Centre has withdrawn the 5 percent GST (Goods and Service Tax) on black pepper. Based on the recommendations of GST Council, the Centre had recently imposed 5 percent GST on pepper of Genus Piper, whether green (fresh), white or black. Taking note…
Mysuru: promote women entrepreneurship, a two-day exhibition-cum- sale showcasing products made by women entrepreneurs, along with technical workshops on GST and other industry-related topics, will take place on Feb. 22 and 23 at Chamundi Vihar Stadium in Mysuru. Organised by Karnataka Small Scale Industries Association (KASSIA) in collaboration with Department of Industries and Commerce and…
Mysuru: The Karnataka Yoga Teachers Association, Mysuru, led by its Hon. President Dr. T.N. Shashikumar, Secretary N. Anantha and President Dr. S.P. Yoganna, has submitted a memorandum to Mysuru-Kodagu MP Yaduveer Krishnadatta Chamaraja Wadiyar seeking the MP’s Office to write a letter to the GST Council of India and the Ministry of Finance, Government of…
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