E-way bill to be integrated with NHAI's FASTag to track GST evasion from AprilThe revenue department has set up an officers committee to integrate e-way bill, FASTag and DMIC's Logistics Data Bank (LDB) services, afte...
15 Jan, 2019, 04.33 PM IST
Revenue department plans linking e-way bill with FASTag, logistics data bank to check GST evasionTransporters of goods worth over Rs 50,000 would be required to present e-way bill during transit to a GST inspector, if asked.
19 Nov, 2018, 03.13 PM IST
CBIC to focus on behavioural patterns of taxpayers to improve GST complianceThe plan is based on 'behavioural interventions' or 'non-deterrence approach' adopted by countries like the UK, Australia and Mexico to fra...
28 Oct, 2018, 12.27 PM IST
Reward for tip offs on GST evasion on anvilThe Directorate General of GST Intelligence (DGGSTI) has already made several arrests for evasion of the indirect tax and an informant rewa...
30 Sep, 2018, 04.44 PM IST
Government sets up office of GST Commissioner (Investigation) to deal with tax evasionWith most of the loose ends tied up with regard to Goods and Services Tax (GST), the revenue department has now decided to focus on enforce...
12 Sep, 2018, 04.56 PM IST
Tax axe still looms for banks on free services like maintaining minimum balanceAlready burdened with balance sheet concerns, banks are worried they may have to cough up tax for the past few years, a cost that would not...
04 Jun, 2018, 08.23 AM IST
Department of Financial Services to approach revenue dept over GST on free services by banks"This issue of imposition of GST on some of the free services offered by banks to its customers will be taken up with the revenue departmen...
11 May, 2018, 07.48 PM IST
Four PSBs, ATM service providers under tax lensTax sleuths are investigating whether VAT should be applicable on contracts between the banks and ATM service providers.
27 Mar, 2018, 10.09 AM IST
ET Investigation Part I: How an American firm bribed its way to lucrative contracts in IndiaThe company admitted to the US Department of Justice that it made payoffs to Indian officials to win contracts and avoid service tax paymen...
10 Feb, 2018, 07.07 PM IST
CBEC to be renamed CBIC by AprilThe official said since the CBR Act provides for constitution of separate boards of revenue for direct taxes and excise and customs, the na...
04 Feb, 2018, 05.49 PM IST
Officer detects evasion cases worth Rs 962 crore, gets Presidential awardRavi Dutt Shankar detected evasion of Central Excise/Service Tax cases involving Duty/Tax of Rs 961.92 crore on his 47 cases, in which Rs 9...
27 Jan, 2018, 07.17 PM IST
GST intelligence arm to be regulator for gems & jewellery sector under PMLAThe regulator under PMLA issues guidelines and prescribes measures to establish client identity in different transactions.
27 Aug, 2017, 03.05 PM IST
Government to strengthen agency under GST to check tax evasionThe CBEC will itself be rechristened as the Central Board of Indirect Taxes and Customs (CBIC) and will supervise GST and Customs activitie...
16 May, 2017, 03.16 PM IST