Tag archive for ‘GST’
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...

By Ila Choudhary On Saturday, January 2nd, 2021

GST e-invoice system completes 3 months; enabled over 37,000 taxpayers to generate more than 1680 lakh IRNs

New Delhi [India], January 2 (ANI): Goods and Services Tax (GST) e-invoice system has completed journey of three months and has facilitated smooth transition of the tax payers to the new platform, according to the More...

By Ila Choudhary On Friday, January 1st, 2021

GST collections at all-time high of over Rs 1.15 lakh cr in Dec

New Delhi, Dec 31 (PTI): GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy. The gross GST revenue collected in the month of December 2020 More...

By Manisha Sen On Monday, December 28th, 2020

FinMin releases weekly instalment of Rs 6,000 cr to meet GST shortfall

New Delhi, Dec 28 (PTI): The Finance Ministry on Monday released the ninth instalment of Rs 6,000 crore to the states to meet GST compensation shortfall, taking the total amount of fund released to Rs 54,000 crore. Finance More...