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HC allows adjustment of wrong payment
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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...
Rs 1,200 Crore Fake GST Invoice Scam Busted in Karnataka
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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...
Mansukh Mandaviya says that after GST, pharma sector grew 6%
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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...
GST Practitioners Enrollment Exam In December
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 15, 2018
For the confirmation of enrollment of Goods and Services Tax Practitioners, otherwise known as GST Practitioners or GSTPs, there will be ...
Two crore Indians file returns but pay zero income tax
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on 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...
Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 15, 2018
The Income Tax Department is “chasing” 80,000 cases where people have not filed their returns post-demonetization, despite ...
Over 2 lakh assessees who migrated from VAT regime opt out of GST net
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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 refunds of Rs 82,775 cr to exporters cleared
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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 compensation paid to states declines to Rs 11,900 crore in Aug-Sept
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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...
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