Man files ITR, finds company with Rs 9 crore turnover opened in his nameChandan Soni, a resident of Gwalior, discovered that his personal details – PAN card and Aadhaar card – had been misused to create a fraudu...
GST Council doubles limit for launching prosecution to Rs 2 cr; defines SUVs for 22 pc cessThe Council also clarified on the definition of SUVs (sports utility vehicles) for the levy of 22 per cent compensation cess over the 28 pe...
GST prosecution threshold up; some offences decriminalisedThe 48th GST Council meeting, held virtually on Saturday after a gap of six months, deferred a decision on imposing the levy on online gami...
GST Council decriminalises some types of offences, defers call on online gaming, horse racing and casinosA Group of Ministers (GoM) set up by the Council to decide on GST rates on online gaming, casinos and horse racing had completed its delibe...
India's GST Council meets today to decide on online gaming tax, decriminalisation of some indirect tax offencesThe Council has reportedly been given a suggestion - by the law committee - to consider increasing the monetary threshold for launching pro...
GST Council meet: Decriminalisation of offences, curbing tax evasion in pan masala, gutkha biz on agendaBesides, GST on online gaming and casinos may come up for deliberations as the Group of Ministers (GoM), chaired by Meghalaya Chief Ministe...
GST council to consider decriminalisation of GST law in Dec 17 meetThe GST Council in its next meeting is likely to discuss decriminalisation of offences under GST law, along with raising the threshold of l...
Govt may remove penal offences covered under IPC from GST lawThe proposal, part of the exercise to decriminalise GST law, is likely to be taken up in the next meeting of the GST Council. Once approved...
One-time offer to settle minor GST offences in worksThe scheme will not cover wilful tax evasion, he said. Repeat offenders and offenders against whom enforcement agencies have initiated will...
Govt working on decriminalising certain offences under GST, lower compounding chargesThe government is working on making the provision under GST Act for prosecution more simpler and friendly for taxpayers. Section 132 under ...
Don't go overboard against GST offencesPenalties must be commensurate with the offence. Decriminalising offences and switching to monetary penalties will lower the burden on cour...
Threshold for criminal offences under GST law may be raisedThe proposal entails raising the threshold of cognizable and non-bailable offences under Section 132 of the Central GST Act to ₹20 crore fr...
GST laws review: Focus on decriminalising offences and wider use of compounding provisionsThe government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion.
Revised MRP being sternly monitored: Ram Vilas PaswanBN Dixit, director of legal metrology department, said, “Printed sticker of revised MRP is a must till September 30. Manufacturers will hav...
'Inspector Raj' is back, says Mamata Banerjee on GSTIn a scathing attack on the government, she said the GST rules would lead to harassment of small traders and businesses.
GST: Tax evasion over Rs 5 crore a non-bailable offenceIn a 223-page FAQ on Goods and Services Tax, the CBEC said other offences under the act are non-cognizable and bailable.
Bid to end the fear of jail time under GST regimeOffences dealing with non-payment of tax or forgery of up to Rs 2 crore would be made bailable.