GST & Other Indirect Taxes | By ALOK PATNIA | Nov 17, 2018
In what is seen as a major relief for GST assessees, especially dealers, the Kerala High Court has ruled that any GST mistakenly paid u...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018
A scam involving fake GST bills worth Rs 1,200 crore has come to light in Bengaluru. The preventive wing of the south commissionerate of...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 16, 2018
Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.After the implementation of...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will be ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
In the last four years, the government’s efforts to widen the tax base resulted in an 80% jump in number of returns filed to 6.85 c...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 15, 2018
The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 14, 2018
Over 2 lakh assessees have opted out of the Goods and Services Tax (GST) registration as their turnover is below the prescribed threshold...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 12, 2018
The finance ministry said Thursday that GST refund of Rs 82,775 crore to exporters has been cleared as on October 31, which is 93.8 per c...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 12, 2018
GST compensation paid to states by the Centre has declined to over Rs 11,900 crore during August-September, an official said. The bi-mont...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 6, 2018
The Central Board of Indirect Taxes and Customs will daily monitor the grievances of the Ministry of Micro, Small and Medium Enterprises ...
GST & Other Indirect Taxes | By ALOK PATNIA | Nov 6, 2018
In order to prevent incorrect allocation of GST revenue among states, the Directorate General of Audit has been asked to scrutinise the a...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Nov 6, 2018
The Income Tax Department will apparently seek details of trading worth thousand crores and more on equity exchanges which have been carr...