Wednesday, August 7, 2024

BANKING

Goods and services tax authorities have sent notices demanding unpaid GST from more than 20 insurance companies, including HDFC Ergo and Star Health. The Directorate of GST Intelligence found these insurers provided services to SEZ employees and their families without paying IGST, leading to ₹2,000 crore in dues. Companies received show-cause notices after their explanations were deemed unsatisfactory.

from Banking/Finance-Industry-Economic Times https://ift.tt/9DZ4kqV
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