Press Release


Income Tax Department conducts searches in Mumbai

The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates …

Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty

In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate …

Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty

In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate …

CGST Commissionerate in Navi Mumbai busts fake input tax credit racket, arrests proprietor of scrap metal firm

Source: Press Release dated 09.02.2022 CGST Commissionerate, Navi Mumbai has busted a fake ITC racket of Rs. 10.26 Crores and arrested the proprietor of M/s. Al-Marwah Traders on Tuesday …

Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports (TARs) filed on new e-Filing portal of Income Tax Department

Source: Press Release dated 07.02.2022 Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports(TARs) have been filed on the new e-Filing portal of …

Average monthly gross GST collection for third quarter of FY 2021-22 is Rs.1.30 lakh crore

Source : Press Release dated 07.02.2022 The average monthly gross Goods & Services Tax (GST) collection for the third quarter of FY 2021-22 has been Rs.1.30 lakh crore against …

CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm

Source: Press Release dated 03.02.2022 CGST Commissionerate, Navi Mumbai had busted a fake ITC racket of Rs. 10.68 Crores and arrested the proprietor of M/s. Navnit Steels (GSTIN: 27AEXPD3871K1ZV) …

GST collection crossed Rs 1.30 lakh crore mark for the 4th time

Source : Press Release -Posted On: 31 JAN 2022 7:51PM by PIB Delhi The gross GST revenue collected in the month of January 2022 till 3PM on 31.01.2022 is Rs 1,38,394 crore of …

Finance Ministry meeting with Infosys on glitches in e-filing portal of Income Tax Department

Source : Press Release dated 23.08.2021 Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman took a meeting with Mr. Salil Parekh, MD & CEO, Infosys here today …

DPIIT provided separate window in G2B portal to facilitate the applicants to update/revalidate data in respect of their IEM w.e.f 15th July 2021

Press Release dated 19.08.2021 An exercise of cleansing and updation of IEM data has been taken up by Department of Promotion of Industry and Internal Trade (DPIIT) with the …