GST NEWS
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...
GST NEWS
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...
GST NEWS
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 NEWS
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...
GST NEWS
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...
GST NEWS
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...
GST NEWS
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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