Stay updated
Finance Minister Nirmala Sitharaman on Friday urged GST officials to avoid taking a tough stance on taxpayers at the outset of any enquiry and opt for more stringent steps only as ‘a last resort’, even as she assured industry of swift efforts to resolve any niggles in the indirect tax regime that pose a hindrance to their business.
Top Revenue officials on Tuesday urged enforcement chiefs of State and Central GST formations to focus on “real evasion” of taxes rather than “interpretative issues and general industry practice” and emphasised on the importance of finely balancing enforcement actions with the ease of doing business.
Chhattisgarh’s GST enforcement wing took major action on Thursday by raiding factories located in the Uria and Siltara areas. During the sudden inspection conducted by the wing, three iron and steel product manufacturers, namely Shyam Steel Industries, Ishwar Ispat, and…
Two days after the Enforcement Directorate (ED) swooped down on Congress leaders, the central agency sleuths on Wednesday are carrying out searches in various departments housed in the Chhattisgarh government’s capitol complex as part of their ongoing probe under the…
The Enforcement Directorate conducted searches at seven locations, mostly offices of Chartered Accountants, in Maharashtra’s Nagpur city on Thursday, an ED official said. The searches were being conducted in connection with an offence registered in Mumbai, the official said without…
The Office of the GST Council has issued a OFFICE MEMORANDUM dated 19.10.2022 bearing file no. F. No. 757/Follow-up/GSTC/2018 /8/98-19.10.2022 on subject – “Authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in…
It’s a tough balancing act for the Central government. After giving leeway in the initial years, the Centre in November 2020 started a drive to deal with fraud and evasion It’s a tough balancing act for the Central government. On…