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The finance ministry has not yet taken a view on the civil aviation ministry’s plea for tax cuts on jet fuel (ATF) to bring down prices, a top source said on Wednesday. Civil Aviation Minister Jyotiraditya Scindia has been making…
The current price situation leaves hardly any scope for rationalisation of GST rates on goods and services, sources said on Wednesday. Goods and services are taxed in four slabs of 5 per cent, 12 per cent, 18 per cent and…
The Central Bureau of Investigation (CBI) said on Thursday it has arrested a superintendent, CGST and Central Excise, Bhopal (Madhya Pradesh) for demanding and accepting a bribe of Rs 2 lakh.
The team of Anti-Corruption Bureau has taken major action in the capital Jaipur. The team has arrested a chartered accountant taking 2 lakh cash. During interrogation, it came to light that the CA was taking this money for the income…
Following a complaint by a businessman’s wife, the Punjagutta police have registered a criminal case against five Goods and Services Tax (GST) officials on charges of manhandling, harassing and wrongfully detaining a woman. The government officials have been booked under…
The GST Council is likely to consider modification in summary return and monthly tax payment form, GSTR-3B, in its meeting next month, with a view to check fake input tax credit claims and expedite settlement of genuine ones, an official…
The Supreme Court’s decision on Thursday that the recommendations of the GST Council are not binding on the Centre and the state governments will not impact the functioning of the council in any manner, a finance ministry official told CNBC-TV18.…
The Supreme Court’s decision on Thursday that the recommendations of the GST Council are not binding on the Centre and the state governments will not impact the functioning of the council in any manner, a finance ministry official told CNBC-TV18.…
The Government of India is mulling over imposing a reverse charge GST on customers using foreign crypto platforms, as previously reported by Business Today. A Finance Ministry official told Business Today, “If a crypto exchange is based out of India,…
The Chartered Accountants have called for a protest against the malicious arrest of two chartered accountants detained by DGGI, GURGAON CGST Department for the last 48 hours for giving unjust enrichment certificate in a GST refund matter. A viral video…