New Delhi [India], January 18 (ANI): Central Board of Excise and Customs (CBEC) Chairperson Vanaja N Sarna on Thursday said that they are doing thorough checking and scrutiny of input tax credit and transitional credit.
New Delhi [India], Dec 12 (ANI): Taxpayers who have claimed transitional credit erroneously are advised to avail of the opportunity to revise Form TRAN-1 by December 27, The Ministry of Finance notified on Tuesday.
New Delhi [India], Nov 29 (ANI): Government of India on Wednesday seized of the issue of exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Tax (IGST) paid on goods exported out of India and similarly Input Tax credit (ITC) on exports, a stateme
New Delhi [India], Nov 21 (ANI): National Real Estate Development Council (Naredco) Chairman Rajeev Talwar on Tuesday said that a flat Goods and Services Tax (GST) rate of six percent with input tax credit for housing is a win-win situation for everybody.
New Delhi [India], November 12 (ANI): In a much-needed boost to the sports industry, the Goods and Services Tax (GST) Council in its meeting stated that a section of sports goods would be excluded from the ambit of the new taxation scheme.
New Delhi [India], November 10 (ANI): The recent recommendations made in the 23rd GST council meeting on Friday brought major relief to tax-payers, extending the deadline for tax-filing as well as reducing the penalty for late tax-filing.
New Delhi [India], Oct. 15 (ANI): Delhi Deputy Chief Minister Manish Sisodia has written to Union Finance Minister Arun Jaitley, urging him to bring the real estate sector under the ambit of the Goods and Services Tax (GST) on account of curbing black money and increasing transparency in the
New Delhi, [India], Jan. 4 (ANI): In the larger interest of industries, ASSOCHAM has urged the Centre to immediately revoke the notification vis-a-vis withdrawal of input tax credit on inter-state sale/branch transfer of natural gas issued by Finance Department of Gujarat government on Novem