News & FAQs | By ALOK PATNIA | Mar 27, 2018
More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, ...
News & FAQs | By ALOK PATNIA | Mar 27, 2018
About 400 real estate developers, including listed companies, have received notices from the indirect tax department for inflated credit ...
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...
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