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CFBP holds its 32nd Jamnalal Bajaj Awards for Fair Business Practices
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], December 2 (ANI/NewsVoir): Amidst the current scenario where businesses are trying to get back in motion, CFBP held the 32nd Jamnalal Bajaj Awards for Fair Business Practices at the Indian merchant chambers lifting spirits of the corporates on the evening of 1 D
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Government collects over Rs 1.04 lakh crore GST in November 2020
Updated : 5 years, 6 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.
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Four months respite from penalty on GST invoices without QR code
Updated : 5 years, 6 months ago IST
New Delhi [India], November 30 (ANI): The government has conditionally waived the penalty provisions for business-to-consumer (B2C) transactions for a period of four months from December 1, 2020, to March 31, 2021, for issuing invoices without mandatory dynamic QR code by the registered pers
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CBIC releases SOP for physical verification of entities to counter fake in
Updated : 5 years, 6 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
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Pompeo says State Dept to 'honour' promise to conduct transition
Updated : 5 years, 6 months ago IST
Washington [US], November 29 (ANI): US Secretary of State Mike Pompeo said that the Department of State will 'honour' the outgoing President Donald Trump administration's "promise" to begin the transition of power with the incumbent Biden administration.
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25,000 defaulters to be persuaded to file GSTR-3B returns by Nov 30
Updated : 5 years, 6 months ago IST
New Delhi [India], November 28 (ANI): A non-government organisation, Goods and Services Tax Network (GSTN) along with tax officials would persuade 25,000 taxpayers, who have not filed their GSTR-3B (simple tax return form) returns by the due date of November 20 for the month of October, t
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GST Intelligence Unit arrests Haryana resident for Rs 129 crores tax evasi
Updated : 5 years, 6 months ago IST
New Delhi [India], Nov 28 (ANI): Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit on Friday arrested a Haryana resident for evading taxes worth Rs 129 crores.
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Public policy, strong enforcement needed to address counterfeiting, smuggl
Updated : 5 years, 6 months ago IST
New Delhi [India], November 27 (ANI): The parallel economy in counterfeiting and smuggling has to be addressed if India wants to achieve a USD 5 trillion economy by 2025 and aim to take it to USD 10 trillion by 2027, said Dr Amar Patnaik, Member of Parliament, Rajya Sabha.
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Improved economic activities likely to boost GST collections in November:
Updated : 5 years, 6 months ago IST
New Delhi [India], November 26 (ANI): Riding high on improved economic activities the Goods and Services Tax (GST) collections in November is projected to be 10-month high of Rs 1.08 lakh crore as compared to Rs 1.05 lakh crore in October 20, SBI Ecowrap stated here on Thursday.
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Two more states, Kerala and West Bengal choose Option-1 to meet GST implem
Updated : 5 years, 6 months ago IST
New Delhi [India], November 25 (ANI): Governments of Kerala and West Bengal have communicated their acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States which have chosen this option has gone up to 25.
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Pompeo says State Dept looking at GSA decision to start Presidential trans
Updated : 5 years, 6 months ago IST
Washington [US], November 25 (ANI/Sputnik): US Secretary of State Mike Pompeo said his department began the process of looking into the General Service Administration's (GSA) decision to initiate the presidential transition process.
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One held by DGGI Rohtak for issuing fake invoices of input tax credit
Updated : 5 years, 6 months ago IST
Rohtak (Haryana) [India], November 24 (ANI): The Directorate General of GST Intelligence (DGGI) on Monday arrested one person in Haryana's Hisar pertaining to the ongoing investigation of fraudulent passing of Input Tax Credit (ITC).
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