Search For "goods and services tax"
CGST Delhi West Commissionerate arrests one person for duty evasion of ove
Updated : 5 years, 5 months ago IST
New Delhi [India], January 3 (ANI): Central Goods and Services Tax (CGST) Delhi West Commissionerate on Sunday arrested one person for duty evasion of around Rs 831.72 crore.
Read More
GST e-invoice system completes 3 months; enabled over 37,000 taxpayers to
Updated : 5 years, 6 months ago IST
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 Ministry of Electronics and Information Technology (IT) on Saturday.
Read More
Fake GST invoice racket worth Rs 510 crore busted in Odisha's Cuttack, kin
Updated : 5 years, 6 months ago IST
Cuttack (Odisha) [India], January 2 (ANI): Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in Cuttack, an official said on Friday.
Read More
Highest GST collections in Dec at Rs 1.15 lakh crore
Updated : 5 years, 6 months ago IST
New Delhi [India], January 1 (ANI): Gross revenue on account of Goods and Services Tax (GST) crossed Rs 1.15 lakh crore in December, up 12 per cent in the year-ago period, the government said on Friday.
Read More
Mandatory payment of 1 pc of GST liability in cash rule will affect less t
Updated : 5 years, 6 months ago IST
New Delhi [India], December 26 (ANI): With apprehensions being raised in social and print media about the requirement of a mandatory cash payment of at least one per cent of the Goods and Services Tax (GST) liability, the Finance Ministry on Saturday clarified that it will affect less than h
Read More
CAIT objects to insertion of new GST rule
Updated : 5 years, 6 months ago IST
New Delhi [India], December 25 (ANI): The Confederation of All India Traders (CAIT) on Friday sent a communication to Finance Minister Nirmala Sitharaman raising strong objections against the recent notification of the incorporation of Section 86-B in Goods and Services Tax (GST) rules which
Read More
8th installment of Rs 6,000 cr released to states to meet GST compensation
Updated : 5 years, 6 months ago IST
New Delhi [India], December 21 (ANI): The Ministry of Finance has released eighth weekly installment of Rs 6,000 crore to states to meet the Goods and Services Tax (GST) compensation shortfall.
Read More
Centre releases 7th instalment of GST of Rs 6,000 crores to states
Updated : 5 years, 6 months ago IST
New Delhi [India], December 14 (ANI): The Ministry of Finance on Monday released the seventh weekly instalment of Rs 6,000 crore to the states to meet the Goods and Services Tax (GST) compensation shortfall, an official statement said here.
Read More
Sixth installment of Rs 6,000 cr released to states/UTs as loan to meet GS
Updated : 5 years, 6 months ago IST
New Delhi [India], December 9 (ANI): The Finance Ministry has released the weekly installment of Rs 6,000 crores to the states to meet the Goods and Services Tax (GST) compensation shortfall.
Read More
All states choose Option-1 to meet GST implementation shortfall
Updated : 5 years, 6 months ago IST
New Delhi [India], December 5 (ANI): All the 28 states and three Union Territories (UT) with legislature have decided to go for Option-1 to meet the revenue shortfall arising out of the Goods and Services Tax (GST) implementation, stated an official statement by the Ministry of Finance.
Read More
Government collects over Rs 1.04 lakh crore GST in November 2020
Updated : 5 years, 7 months ago IST
New Delhi [India], December 1 (ANI): The gross Goods and Services Tax (GST) Revenue collected in the month of November 2020 stood at Rs 1,04,963 crore, informed the Ministry of Finance here on Tuesday.
Read More
CBIC releases SOP for physical verification of entities to counter fake in
Updated : 5 years, 7 months ago IST
New Delhi [India], November 29 (ANI): As a part of its strategy to counter Goods and Services Tax (GST) fake invoice frauds via search and surveys leading to arrests and booking of cases against fake entities involved in availing and passing on input tax credit (ITC) fraudulently, the Centra
Read More