Friday, November 15, 2024
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GST evasion: CBIC asks field offices to exercise maximum caution, prudence in property attachment

The CBIC has given direction to its officers to take utmost caution in cases of attachment of property. It said that such remedy can...

Tax Dept unearths Essel group’s alleged Rs 392 cr input credit fraud

The Delhi CGST Commissionerate has exposed network of fictitious firms created by former Esel group employees. The tax evasion involves generating and claiming of...

Call on bringing fuels under GST to be taken closer to GST Council meet: Sitharaman

Finance Minister has said that in coming GST Council meeting she might take a call to bring petrol and diesel under GST. FM said...

GST Council to fix inverted duty anomalies this month

The GST Council might consider removing anomalies in the duty structure in several sectors such as textiles, fertilizers and footwear this month. This is...

WMTPA meets Sitharaman over GST’s “oppressive” terms

All-India Recommendation Committee, Western Maharashtra Tax Practitioners Association (WMTPA) are working against the oppressive terms, provisions, and complicated computer system in the Goods and...

HUL, Colgate among Nomura’s top picks in case of GST slab rejig

GST Council will consider the proposal of merging 12% into 18% slab rate in next Council meeting. According to Analysts GST rate reduction will...

Traders force govt to negotiating table on GST simplification

Traders’ leaders had a meeting with finance secretary Ajay Bhushan Pandey and chairman of Centra Board of Direct Taxes (CBDT) PC Mody. CAIT had a...

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