KT Rama Rao writes to Central Govt to slash GST on medical devices
Industries Minister KT Rama Rao on Tuesday wrote to the union government to slash the GST on medical devices to 12 percent […]
GST Recent News
Important Pronouncements
Petition challenging Constitutional validity of Sec 16(2)(c) of the CGST Act, i.e. “Credit denied to the buyer when supplier defaults in payment of taxes” on April 19, 2023
Taxpayers nationwide are subjected to the harsh consequences of Section 16(2)(c) of the Central Goods and Services Tax (“CGST”) /
News
ED arrested Chartered Accountant in connection with West Bengal cattle smuggling case
The ED has arrested the chartered accountant of TMC leader Anubrata Mondal in connection with its probe into the alleged
GST Recent News
CBIC has booked 106 cases on insurers for ₹7,581.8 cr. tax evasion: Finance Ministry
The Central Board of Indirect Taxes and Customs (CBIC) has booked as many as 106 cases of tax evasion involving
Income Tax News, News
Income Tax department issues Rs 549-crore tax demand notice to AWS
The income tax department has imposed a ₹549 crore demand notice on Amazon Web Services (AWS), an arm of ecommerce
GST Recent News
TDS headache awaits punters, race clubs
Still struggling to cope with the backbreaking GST, the punters and the race clubs in the country are now staring
Press Release, Press Release
Government is engaging with G-20 countries to build international coordination on policy approach to crypto assets, says MoS Finance Pankaj Chaudhary
The Government is engaging with G-20 countries to build international coordination on policy approach to crypto assets. This was stated
CBIC, Customs, Notification and Circular, Notification And Circular
CBIC issued a Circular on telecommunication products or equipment in the context of its earlier Notifications
The CBIC has issued Circular No. 08/2023 dated March 13, 2023 on telecommunication products or equipment in the context of
GST Recent News
Industrialists seek relief from CGST Department
The Central Goods and Services Tax (CGST) department should make a temporary provision to accept the appeal of a taxpayer
Press Release, Press Release
Guarantees amounting to Rs 3.61 lakh crore issued under ECLGS, benefiting 1.19 crore borrowers as on January 31, 2023
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May, 2020 as part of Aatmanirbhar Bharat Abhiyan to support