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Tag: goods and services tax

GST Return filing: Tax officials can attach property, freeze your bank account if you don’t file on time

The Government has directed the officials of CBIC to take a tough step on defaulters and attach their property and freeze bank account on...

CBIC to pitch for a downward revision of FY20 GST collection target

"So far, the collection target has been ambitious. We need to set more realistic targets," a senior Finance Ministry official said. The Central Board of...

Rs 1,00,289 crore total gross GST revenue collected in India

MUMBAI: The total gross GST revenue collected in the month of May 2019 is Rs 1,00,289 crore of which CGST is Rs 17,811 crore, SGST is Rs 24,462...

Govt to probe suspicious tax claims in fresh crackdown against shell companies

Revenue secretary Ajay Bhushan Pandey has asked tax authorities to look into suspicious claims related to input tax credit and integrated goods and service...

Government to push for lower GST on auto, textile sectors

The centre may also make a case before the Council for the need to bring in at least some petroleum products into the GST...

Two more Manpasand Beverages board members resign amid GST fraud case

Manpasand Beverages on Monday announced that its board members Bharat Vyas and Dhruv Agrawal have resigned; Vishal Sood, non-executive director of the company, had...

Hyderabad haleem: Rs 800 crore business during Ramzan now on GST radar

HIGHLIGHTS The haleem business in Hyderabad during Ramzan is estimated to be worth nearly Rs 800 crore. ‘Hyderabad haleem’, which has received the Geographical...

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