Maruti Chairman: Auto industry doesn’t require GST cut now
Maruti Suzuki India (MSIL), India’s largest passenger car manufacturer, on Thursday said it is cautious about demand in the market […]
GST Recent News, News
Press Release, Press Release
Income tax Exemption for payment of deemed LTC fare for non-Central Government employees
In view of the COVID-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as
Press Release, Press Release
Income Tax Department conducts searches in Uttar Pradesh
A search action was started by the Income Tax Department on 28.10.2020 in the case of a Bijnor based group engaged
Press Release, Press Release
CGST officials bust racket for generating fraudulent input tax credit through fake billing of around Rs 1,278 crore
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi
Notification And Circular, Notification and Circular
CBDT notified Equalisation Levy (Amendment) Rules, 2020
The CBIC vide Notification No. 87/2020 dated October 28, 2020 notified the Equalisation levy (Amendment) Rules, 2020 to further amend
Press Release, Press Release
Detection of evasion of customs duty by exporter on export of Iron Ore Fines; recovery of customs duty more than Rs. 8 Crore
On the basis of specific intelligence, under the direction of the Commissioner of Customs (Preventive), Bhubaneswar Shri Debashish Sahu, investigation
GST Recent News, News
Jump in cost of raw materials due to Covid lead to GST complications
Many companies that reported an increase in their indirect tax outgo due to a steep jump in their import costs
Press Release, Press Release
Income Tax Department conducts searches in Tamil Nadu
The Income Tax Department has carried out searches on 28.10.2020 at 22 premises in Coimbatore, Erode, Chennai, and Namakkal on
GST Recent News, Important News
CBIC issued FAQ on Manufacture and Other Operations in Customs Warehouse
The Central Board of Indirect Taxes and Customs (CBIC) have launched a revamped and streamlined program to attract investments into
Important Pronouncements
Denial of refund of IGST to Advance-Authorisation holders is valid but operates prospectively w.e.f October 23, 2017
The Hon’ble HC, Gujarat in Cosmo Films India v. Union of India & Ors. [R/SLP No. 15833/2018 dated October 20,