Tag: Weekly Updates
GST NEWS
GST not a perfect system, requires changes, rate rationalisation: N K Singh
Fifteenth Finance Commission Chairman N K Singh said that GST required changes, including greater rate rationalisation since it was not a perfect tax system....
GST NEWS
Haryana claims record collection of GST revenue despite adverse situation
Deputy chief minister Dushyant Chautala has said that despite COVID-19, the Haryana state has registered a record in GST revenue collection. Last year, GST collection were...
GST NEWS
GST frauds may force govt to turn to inspectors again
The Government can amend legal provisions to tighten the registration process for new businesses. The GST Law Committee has decided this after 1,180 entities...
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
25 held as Centre cracks down on GST fraud
The government has initiated a drive against GST defaulters worth over Rs4,500 crore. It has arrested more than wo dozen fraudsters in just four...
GST NEWS
Rs 200 crore GST fraud unearthed by DGGI in Bengaluru; 4 arrested
The Bengaluru Zonal Unit of the Directorate General of Goods and Services Tax (GST) Intelligence has unearthed GST evasion scam of Rs.200Crore. Four people...
GST NEWS
GST intelligence team arrests son of MLA in Rs 520 crore fake invoice scam
The Directorate General of GST Intelligence, Mumbai Zone has arrested  Managing Director of Sunil Hi-tech and son of MLA Ratnakar Gutte and business associate VijendraRanka...
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