GST & Other Indirect Taxes | By ALOK PATNIA | Mar 26, 2018
Businesses having zero tax liability for six consecutive months under GST may soon get relief once the proposal to allow such entities to...
News & FAQs | By ALOK PATNIA | Mar 26, 2018
Indian companies fear that input tax credit claimed for GST paid on raw materials may be disputed by tax officials later and are consider...
News & FAQs | By ALOK PATNIA | Mar 23, 2018
Proprietary businesses, LLPs and HUFs, which took registration under GST between October 2016 and June 2017, have come under the scanner ...
News & FAQs | By ALOK PATNIA | Mar 23, 2018
All kinds of representations received from the trade and industry (including start-ups) regarding GST rates on services have been deliber...
News & FAQs | By ALOK PATNIA | Mar 23, 2018
The state anti-corruption bureau (ACB) on Wednesday arrested a class-I officer of the goods and services tax (GST) department for alleged...
News & FAQs | By ALOK PATNIA | Mar 22, 2018
While a substantial number of income tax payers may have cleared their income tax (I-T) liability for the assessment years 2016-17 and 20...
News & FAQs | By ALOK PATNIA | Mar 22, 2018
Telecom operators including Bharti Airtel, Vodafone India, Idea Cellular and Reliance Jio Infocomm have been served notices for exaggerat...
News & FAQs | By ALOK PATNIA | Mar 21, 2018
The Delhi High Court has sought response of the Centre and the Goods and Services Tax (GST) Council on a Bajaj Auto dealer’s plea c...
News & FAQs | By ALOK PATNIA | Mar 21, 2018
With only 16 per cent of the summary sales returns under GST matching with the final returns, the revenue department has started to anal...
GST & Other Indirect Taxes | By ALOK PATNIA | Mar 20, 2018
In order to check “frivolous and fraudulent” tax credit claims by businesses, the CBEC has decided to verify demands of top 5...
News & FAQs | By ALOK PATNIA | Mar 17, 2018
The collection of Goods and Services Tax (GST) will see buoyancy from April onwards and will cross Rs 90,000 crore per month, a top offic...
News & FAQs | By ALOK PATNIA | Mar 16, 2018
The CBEC field formations have launched ‘GST refund fortnight’ beginning Thursday to quickly sanction pending refunds to expo...
Advisory, Tax and Regulatory Compliance in India, Singapore and USA is proudly powered by WordPress