Tanvi Loond Chopra Input tax credit means credit of Input tax i.e. tax levied on input goods, input services or both. Any goods (including capital
Category: GST
Banks, telcos, insurers may be exempted from GST e-invoices – The Economic Times
New Delhi: Banks, airlines, insurance companies, armed forces and telecom service providers are likely to be exempted from mandatory issuing of e-invoices under goods and
GST Fraud: Government detects 931 GST fraud cases using this technology – The Financial Express
GST formations have booked 6,641 cases involving 7,164 entities till November last year and have so far recovered around Rs 1,057 crore. The Department of
Beware! GST frauds won’t go unnoticed with data analytics; 931 cases identified–Business Today
Maximum numbers of ITC frauds cases have been booked in Kolkata zone The government has identified 931 cases of fraudulent GST refund claims through data
Checking fraud in revenue leakage | Business Standard Column
Last Tuesday, top officials of the goods and services tax (GST) administrations at Centre and states had met. The idea was to deliberate on streamlining,
‘लाखोत्तरी’ जीएसटीनंतरचे प्रश्न |लोकसत्ता
सलग दुसऱ्या महिन्यात वस्तू व सेवा कर (जीएसटी) संकलन १ लाख कोटी रुपयांच्या वर जाणे हा विद्यमान परिस्थितीत केंद्र सरकारच्या दृष्टीने दिलासाच ठरतो. परंतु तेवढय़ा
GST authorities begin audit exercise: Issue show cause notices – The Economic Times
New Delhi: India Inc is set to face first ever tax audit under the goods and services tax (GST) regime. The GST authorities have begun
Nine-point plan firmed up to plug GST revenue leaks – The Economic Times
New Delhi: A nine-point plan has been firmed up to plug revenue leakages under the goods and services tax regime. It includes setting up a
Dealing with GST fraud | Business Standard Editorials
Balance between ease of doing business and compliance is tricky Last Updated at January 8, 2020 09:15 IST The Central Board of Indirect Taxes and
Departmental audit under GST begins; first set of notices sent to assessees – The Hindu BusinessLine
For the first time Goods & Services Tax (GST) authorities have started sending notices for audit of assessees to ensure correctness of tax paid and
Govt needs a carrot-and-stick policy for better GST collections – The Economic Times
By Anjana Menon Two years after introducing a poorly thought out, and hastily pushed through, goods and services tax (GST), the government is grappling with
GST—‘जीएसटी’चोरांनो खबरदार, कडक कारवाई होणार –महाराष्ट्र टाइम्स
वेळोवेळी जीएसटी रिटर्न न भरणाऱ्यांविरोधात कडक कारवाई करण्याचा निर्णय केंद्र सरकारने घेतला आहे. रिटर्न न भरण्यावर विविध राज्यांकडून घालण्यात येणारे पांघरूण आणि कारवाईचा कालावधी निश्चित
When the GST Council missed a step – The Hindu BusinessLine
The carefully nurtured spirit of true federalism has been broken and it is not good for the country At a time when India’s polity cannot
The GST system still awaits simplification – The Hindu BusinessLine
While the government is working to boost GST revenues, steps to make the filing of returns easier for taxpayers are also needed At the beginning
Going overboard on GST – The Hindu BusinessLine
Taxing resident welfare associations and branches for head office expenses allocated are the worst forms of tax tyranny The government is going overboard on GST.
Convoluted tax regime – The Hindu BusinessLine
GST construction levies, a real head-scratcher G Natarajan’s Demystifying GST for the Construction Industry (Oakbridge, ₹795) is intended as a comprehensive user’s manual for developers,
Time to soften GST blow on MSMEs – The Hindu BusinessLine
In his book, Arun Kumar suggests ways to convert the complex levy into a ‘Ground Nourishing Tax’ Change is not always easy to adapt to,
From GST rules to ‘muddled’ awards, key court orders from last week | Business Standard News
Blacklisting must not be endless Normally, blacklisting of a company has a finite life span, for a few years. But an “indefinite directive” is worse
Policymakers must stop treating cars like sin goods: Maruti’s R C Bhargava | Business Standard News
R C Bhargava has spent almost 40 years in the Indian auto industry. Even for him, the year 2019 has been the worst for the
Revenue Dept cautions DGFT on ‘star’ exporters getting GST refunds using fake invoices – The Hindu BusinessLine
Calls for more robust accreditation system The Revenue Department has brought to the notice of the Directorate General of Foreign Trade (DGCF) instances of ‘mis-availment’
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