Man arrested in Delhi for input tax credit fraud of Rs 38.91 crore
The officers of the Central Goods and Service Tax (CGST) Commissionerate, Delhi East have arrested a man for the Input Tax Credit (ITC) fraud of Rs 38.91 crore.
Mar 02, 2021, 17:16 PM IST
FinMin allows businesses to claim GST input credit benefit for FY'18 till March 2019
The deadline for claiming input tax credit (ITC) ended on October 25, 2018.
Jan 03, 2019, 16:16 PM IST
Restaurants overcharging you despite GST rate cut? Here's what to do
If you feel that restaurants are overcharging you despite GST rate cut, you can flag your grievances on several platforms.
Nov 25, 2017, 10:52 AM IST
Banks to pay 3% IGST on gold imports: CBEC
Import of gold attracts a 10 per cent basic customs duty. On top of that a 12.5 per cent countervailing duty (CVD) was levied prior to GST.
Aug 21, 2017, 16:02 PM IST
Over 5 lakh businesses opt for GST Composition Scheme: Official
Manufacturers of ice cream, pan masala, tobacco products/susbtitutes and service providers, except restauranteurs, are not eligible to avail of the Composition Scheme.
Jul 31, 2017, 17:41 PM IST
Taxmen to go slow on GST enforcement for 6 months
Revenue authorities will go slow in undertaking enforcement actions under GST for the first six months as they want industry to settle down into the new indirect tax regime.
Jul 19, 2017, 13:38 PM IST
GST effect: Pay more to buy home appliances from July 1
Durable makers would also go for another hike before the festive seasons as the industry is considering a price revision based on input credit, when their existing stock of raw materials and components would replenish.
Jul 01, 2017, 16:36 PM IST
Cut prices, pass GST benefits to customers: Govt tells telcos
The finance ministry on Friday asked telecom companies to rejig costs and lower prices to pass on the benefits of tax rate reduction under GST to customers from July.
May 26, 2017, 19:14 PM IST
