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CBIC sanctions Rs 12,639 crore GST refund to exporters
News & FAQs | By ALOK PATNIA | Last updated on Mar 31, 2018
The Central Board of Indirect Taxes and Customs (CBIC) has sanctioned Rs 12,639 crore of refunds to exporters, almost all of the pending ...
GST Council decides to exempt 24 insurance schemes for reinsurance
News & FAQs | By ALOK PATNIA | Last updated on Mar 30, 2018
The Insurance Regulatory and Development Authority of India (IRDAI) in a circular on Wednesday has informed all insurers that the Goods a...
Govt cracks down on GST evaders – detected tax evasion to the tune of Rs. 440 crore
News & FAQs | By ALOK PATNIA | Last updated on Mar 30, 2018
The government has launched a crackdown on goods and services tax (GST) evaders ahead of the end of the fiscal year, signalling it will p...
Govt notifies series of changes in GST compliance requirements
News & FAQs | By ALOK PATNIA | Last updated on Mar 29, 2018
The government on Wednesday notified a series of changes in the timelines of the compliance requirements under the goods and services tax...
GST profiteering complaint form simplified
News & FAQs | By ALOK PATNIA | Last updated on Mar 28, 2018
The Finance Ministry has simplified and reduced the number of columns in the complaint form to make it easier for consumers to report any...
GST collection falls to Rs 85,174 crore in February
News & FAQs | By ALOK PATNIA | Last updated on Mar 28, 2018
GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 per cent of the assessees filed returns. Aro...
Over 68,000 companies registered in 8 months post GST
News & FAQs | By ALOK PATNIA | Last updated on 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, ...
Notices issued to realtors for inflated credit claims under GST
News & FAQs | By ALOK PATNIA | Last updated on Mar 27, 2018
About 400 real estate developers, including listed companies, have received notices from the indirect tax department for inflated credit ...
Business with nil tax liability may get to file GST returns bi-annually
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Businesses having zero tax liability for six consecutive months under GST may soon get relief once the proposal to allow such entities to...
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