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CBEC says GST collection to cross Rs 90k cr a month from April
News & FAQs | By ALOK PATNIA | Last updated on 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...
CBEC field offices observe GST refund fortnight; to clear Rs 150 crore of pending refunds
News & FAQs | By ALOK PATNIA | Last updated on Mar 16, 2018
The CBEC field formations have launched ‘GST refund fortnight’ beginning Thursday to quickly sanction pending refunds to expo...
Plea in high court to bring petrol, diesel under GST
News & FAQs | By ALOK PATNIA | Last updated on 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...
HUL offers govt third tranche of GST benefits
News & FAQs | By ALOK PATNIA | Last updated on Mar 15, 2018
Hindustan Unilever (HUL) has offered another tranche of GST benefits amounting to Rs 36 crore for the month of January. A significant por...
Black Marketing, Import undervaluation serving as tools to GST evasion
News & FAQs | By ALOK PATNIA | Last updated on Mar 14, 2018
Less than nine months into the GST regime, revenue authorities have detected rampant tax evasion through black market and under-valuing o...
States issued Rs 28,398 crore as GST compensation till December
News & FAQs | By ALOK PATNIA | Last updated on Mar 14, 2018
The Centre has released Rs 28,398 crore as GST compensation to states for July-December, with Karnataka getting a major pie. In a writte...
Leakages in GST are being tracked by Government by using Data Analytics
News & FAQs | By ALOK PATNIA | Last updated on Mar 14, 2018
The NDA-led Narendra Modi government may have got the country’s One Nation, One Tax policy up and running, but the Goods and Service Tax ...
Nearly Rs 34K cr tax under-reporting likely in GST returns filed between July – December
News & FAQs | By ALOK PATNIA | Last updated on Mar 13, 2018
Close to Rs 34,000 crore worth of tax liabilities may have been under-reported in GST returns filed between July and December. According ...
Interim GST relief to continue, e-way bill and other key highlights of the GST Council Meeting
News & FAQs | By ALOK PATNIA | Last updated on Mar 12, 2018
Federal indirect tax body the goods and services tax council on Saturday decided to extend the interim procedural relaxations available t...
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