Tag archive for ‘GST’
By Ila Choudhary On Tuesday, June 15th, 2021

FinMin notifies concessional GST rate on COVID-related items, services

New Delhi, Jun 15 (PTI): The Finance Ministry has notified the concessional rate of GST that will be applicable on COVID relief materials till September 30, 2021. Also, a lower Goods and Services Tax (GST) of 5 More...

By Ila Choudhary On Friday, May 28th, 2021

GST Council meet begins, tax rate cut on COVID essentials, compensation to states on agenda

New Delhi, May 28 (PTI): The GST Council in its meeting on Friday would take up for discussion proposal for cut in the tax rate on COVID medicines, vaccines and oxygen equipments as well as means to make up for More...

By Ila Choudhary On Wednesday, May 19th, 2021

CBIC rationalises GST refund provisions, allows taxpayers to withdraw application

New Delhi, May 19 (PTI): The Central Board of Indirect Taxes and Customs (CBIC) has rationalised GST refund provisions, including giving option to taxpayers to withdraw application. CBIC has rationalised GST refund More...

By Manisha Sen On Sunday, May 2nd, 2021

Centre announces relief measures for taxpayers under GST law in view of COVID-19 pandemic

New Delhi [India], May 2 (ANI): The Centre on Sunday announced various relief measures for taxpayers under Goods and Services (GST) law in view of the COVID-19 pandemic. Centre on Sunday announced various relief More...

By Ila Choudhary On Wednesday, April 7th, 2021

Sanjeev Kumar takes over as chairman of Airports Authority of India

New Delhi [India], April 7 (ANI): Senior IAS officer Sanjeev Kumar on Wednesday took over as chairman of the Airports Authority of India. Prior to this, Kumar — an IAS officer of the 1993 batch, Maharashtra More...

By Manisha Sen On Friday, March 26th, 2021

CBI arrests GST superintendent in bribery case

New Delhi, Mar 26 (PTI) A senior official of the central GST department has been arrested by the CBI in connection with an alleged bribery case, officials said on Friday.Representative image Amit Dalal, a superintendent More...

By Ila Choudhary On Sunday, March 7th, 2021

GST evasion: CBIC asks field offices to exercise max caution, prudence in property attachment

New Delhi, Mar 7 (PTI) The CBIC has directed its field offices to exercise utmost prudence and maximum caution in attachment of property of a taxpayer and said that such a remedy can be considered in cases involving More...

By Ila Choudhary On Saturday, February 20th, 2021

Centre releases Rs 1 lakh cr GST compensation to states since Oct 2020

New Delhi, Feb 20 (PTI): The Centre has released Rs 1 lakh crore to states and UTs in four months since October 2020, to meet GST compensation shortfall, the Finance Ministry said on Saturday. Centre has released More...

By Ila Choudhary On Sunday, February 14th, 2021

GST officers to immediately suspend taxpayer”s registration for ”significant anomalies” in sales return

New Delhi, Feb 14 (PTI) GST officers will immediately suspend registration of taxpayers whose sales return or GSTR-1 forms show “significant differences or anomalies” from the return filed by their suppliers, More...

By Ila Choudhary On Monday, January 4th, 2021

Over 180 people arrested for tax evasion in past 2 months: Union Finance Secretary

New Delhi [India], January 4 (ANI): In the last 1.5 to 2 months over 180 people including managing directors of companies and chartered accountants have been arrested for tax evasion, said Union Finance Secretary More...