Tag: GST In India
GST NEWS
No extra compliance burden on taxpayers for GST turnover displayed in Form 26AS: DoR
On Monday, the Revenue Department has informed that data analytics has shown that certain people are showing turnover of crores of rupees in GST...
GST NEWS
West Bengal accepts GST borrowing option
The state of West Bengal has accepted the borrowing option of Rs. 1.1 lakh crore to meet the Goods and Services Tax (GST) shortfall...
GST NEWS
Rs 400 crore GST fraud, four businessmen from Mumbai held
The Central GST Department has arrested four businessmen from Mumbai for a Rs 400 crore GST evasion. The director of Rane Megastructure Pvt Ltd, proprietor...
GST NEWS
From 10x10ft room, shell firm commits Rs 127-cr GST fraud
Between March and October 2020, a company in Ahmedabad has done a business worth Rs 127 crore. It caught the attention of Directorate General...
GST NEWS
Why it’s the right time to reform GST
After lockdown, manufacturing and services purchasing managers’ index, core sector growth, passenger vehicle sales, railway freight have shown better performance. The GST collection reached ₹1.05 trillion,...
GST NEWS
Surge in number: GST returns in Oct jump 36% collections up 10%
In the month of Oct -2020, GSTR-3B has seen a 36% jump compared with corresponding period a year agoas the collections grew by over...
GST UPDATES
Central and State Jurisdiction
Jurisdiction means an authority given to legal departments to deal with legal cases falling within a particular geographical boundary. The GST Council vide Circular...
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