Fri, Jun 30, 2023
A few days ahead of GST Council meeting, sources from the Ministry of Finance revealed that Central Board of Excise and Customs (CBIC) has kept around 60,000 companies under scrutiny and is also expecting that fake input tax credit (ITC) worth of Rs 50000 crore will be detected.
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Wed, Mar 15, 2023
The national appellate bench will mainly look into appeal cases on disputes between the department and assessee over the 'place of supply' under the GST regime.
Mon, Dec 12, 2022
About evasion of Goods and Services Tax (GST), Chaudhary said Central Board of Indirect Taxes and Customs (CBIC) formations have initiated investigations against some gaming companies (including online gaming firms) located in India as well as abroad.
Sun, Jan 09, 2022
The officers of Navi Mumbai CGST Commissionerate of Mumbai Zone have busted a fake Input Tax Credit racket involving GST of Rs 70 crores.
Fri, Dec 31, 2021
GST Council has decided to defer hike in GST on textiles from 5 per cent to 12 per cent, as per the sources of Zee Business. The matter will be discussed again in the next Council meet for future roadmap.
Thu, Dec 23, 2021
A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure.
Fri, Apr 28, 2017
"Benefits of the growth should percolate down to the most poor sections of the society," Finance Minister Arun Jaitley said.
Mon, Sep 12, 2016
Union Cabinet on Monday approved setting up of the GST council following the consent given by President, Pranab Mukherjee last week.
Thu, Aug 04, 2016
After 16 years, India's biggest tax reform bill, GST Constitutional Amendment Bill was passed in Rajya Sabha on Wednesday. The bill was cleared post a unanimous vote in favour of the bill.
Sun, Jun 12, 2016
Finance Minister Arun Jaitley will participate in the meeting of Empowered Committee of State Finance Ministers and try to iron out differences over the new regime that will subsume all indirect taxes and create one national market under the Goods and Services Tax (GST).
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