Punjab's GST mop-up rises 16 pc to over Rs 19,000 crore till FebruaryPunjab's Goods and Services Tax (GST) collection surged by 15.69%, reaching Rs 19,222 crore in the current fiscal year. Excise revenue also...
03 Mar, 2024, 04.04 PM IST
Increased monthly GST collections mainly on account of higher compliance: CBIC chiefThe Goods and Services Tax (GST) collection was Rs 1.87 lakh crore in April and in the first four months of the current fiscal, the collect...
28 Sep, 2023, 04.11 PM IST
Amit Mitra highlights 'countrywide' GST frauds; urges Sitaraman to call Council meetAlleging that GST frauds are proliferating across the country and MSMEs are facing problems due to a web of regulations, Dr Amit Mitra, pri...
31 Jul, 2023, 10.54 PM IST
Delhi hits the bottle, goes back in timeThe excise duty on alcohol accounts for around 10-15% of own tax revenue in most states. Bootleggers grease the palms of law enforcers, exc...
06 Aug, 2022, 12.07 AM IST
CGST Uttarakhand detects fraudulent GST supply of Rs 23 croreCGST Commissionerate Uttarakhand has detected evasion of GST worth several crores by four firm registered in Delhi and Uttarakhand.
19 Jul, 2022, 10.20 PM IST
GST evasion of ₹40,000 crore detected from fake invoicing, fraud claimsThe latest measures are aimed at tackling such frauds, impart better payment discipline and also protect the recipient who is not always in...
31 Dec, 2021, 10.39 AM IST
Zomato, Swiggy to pay GST on restaurants' behalf. Will your online food ordering bill rise?At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile...
18 Sep, 2021, 01.18 PM IST
Don't impose GST on goods currently exempted from it: Amit Mitra to Sitharaman ahead of Council meet“Exempted list of items had been arrived at after lengthy deliberations spread over a number of GST Council meetings between the union FM a...
16 Dec, 2019, 10.47 PM IST
GST might have flaws but cannot damn it now: Finance Minister Nirmala Sitharaman"GST might have flaws but I'm sorry, it's the 'kanoon' of the country now," Sitharaman said.
12 Oct, 2019, 06.25 AM IST
CBIC looks for public feedback to curb GST evasion by etailersThe government has already sought suggestions internally on how to curb duty evasion.
14 Aug, 2019, 10.02 AM IST
Biggest triumphs associated with GST is the depiction of cooperative federalismThe GST Council has approved new simplified return formats and these are expected to be launched on a pilot basis from April and full-fledg...
01 Mar, 2019, 02.28 PM IST
Nowhere to hide as GST data unearths tax leakage, fraudThe fraud analytics system collects data at multiple layers of compliance, preventing frauds from gaming the newly-implemented system.
02 Jul, 2018, 08.26 AM IST
One year of GST: The workings of the technology-first tax systemGetting a country which is the size of India to do a complete transformation has been extraordinary in itself.
30 Jun, 2018, 12.17 PM IST
GST digital discounts may cost Rs 15,000 croreThe Centre and most other states are in favour of the plan as it is seen as a tool that will encourage use of non-cash modes — at least for...
09 May, 2018, 10.58 AM IST
Domestic BPOs answer GST call with plans to cash in on tax filingsBPO CEOs are already looking at how GST could open up new markets for them including with small-and-medium-sized companies that could not t...
09 Nov, 2017, 12.17 PM IST
Liability linkage provision in GST to hit small tradersThe ‘liability linkage provision’ allows the buyer credit for tax paid on inputs used only if the supplier has paid the tax within a given ...
04 Mar, 2017, 01.02 AM IST
Small businessmen wary of retro tax demand under GST mechanism“GST will not only impact the indirect tax collection but also the income tax collections,” said the tax head at consultancy.
01 Sep, 2016, 11.49 AM IST