Compliance Calendar for the month of August 2020
Important dates in August 2020 for compliance under GST are as follows: – Due Dates Forms Period Description Notification No […]
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GST Recent News, News
Auto component firms seek tax rationalisation to tide over covid slowdown
The auto component industry, which accounts for around 2.3% of the country’s GDP, is looking for government support in terms of
GST Recent News, News
GST Council to discuss compensation cess on Aug 27, 2020 other issues on Sep 19, 2020
The Goods and Services Tax (GST) Council has scheduled two crucial meetings on August 27 and September 19. On August
GST Recent News, News
GST evasion accused Mantena group surrenders Rs 11 crore
A major infrastructure company of the state, the Mantena Group, has surrendered Rs 11 crore from total GST evasion of
News
CBDT chairman: Faceless assessment system will not displace tax officials
Central Board of Direct Taxes (CBDT) chairman PC Mody has assured income-tax officials that the faceless assessment scheme will not
GST Recent News, News
Pan-India Fake Invoice Racket of Nearly Rs 434 Crore Unearthed by DGGI
A pan-India fake invoice racket involving transactions of about Rs 434 crore by 23 firms has been busted by the Directorate
Press Release, Press Release
Loans worth more than Rs 1 Lakh crore disbursed under ECLGS
Under the 100% Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government of India guarantee, Banks from Public &
Articles, GST Recent News
Racket using fake bills to claim GST worth Rs 129 cr unearthed
The GST enforcement wing in the state has unearthed a racket, which used fake bills to claim input tax credit
GST Recent News, News
HC refuses pre-arrest bail to trader booked for claiming fraudulent input tax credit of Rs 63.50 cr
Bombay high court (HC) on Tuesday rejected the anticipatory bail plea of a Mumbai-based trader, who is accused of fraudulently
Articles, GST Recent News
Nitin Gadkari: Govt considering giving MSME status to dealers
The government is considering according MSME status to dealers as it will enable them to avail benefits offered to micro,