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...
News & FAQs | By ALOK PATNIA | Mar 15, 2018
Seeking to bring petrol and diesel under the GST ambit, a petition has been filed at the Madurai bench of the Madras high court.The petit...