- 25 Apr 2022 06:15 PM
- New
CBI Arrests A CGST Superintendent for Accepting Bribe of Rs. 2 Lakh
CBI ARRESTS A SUPERINTENDENT OF CGST & CENTRAL EXCISE FOR ACCEPTING BRIBE OF RS. TWO LAKH
The Central Bureau of Investigation has arrested a Superintendent, CGST & Central Excise, Bhopal (Madhya Pradesh) for demanding & accepting bribe of Rs. Two lakh from the Complainant.
- 23 Apr 2022 05:26 PM
- New
Empanelment of CA/CMA, CA/CMA Firms for Audit of GST registered persons
Commissioner, State Goods and Services Tax Department, Government of Kerala,invites online Expression of Interest (EOI) for empanelment of Chartered Accountants, Chartered Accountant firms, Cost Accountants and Cost Accountant firms for conducting special audit of accounts of GST Registered persons as envisaged under Section 66 of the Kerala State Goods and Service Tax Act, 2017.
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- 23 Apr 2022 05:33 PM
- New
Memorandum on GST Input Tax Credit Issues
Source: https://taxguru.in/goods-and-service-tax/memorandum-gst-input-tax-credit-issues.html
Ahilya Chamber of Commerce & Industry has made a representation to Chairman of GST Council on GST Input Tax Credit Issues and requested that 4 criteria as originally prescribed in Section 16(4) of CGST Act, 2017 should be necessary for tax payer to avail credit of Input Tax and all other hindrances should be removed. They further requested that there should be a practical approach in deciding late fees, interest and penalties.
Ahilya Chamber of Commerce & Industry has made a representation to Chairman of GST Council on GST Input Tax Credit Issues and requested that 4 criteria as originally prescribed in Section 16(4) of CGST Act, 2017 should be necessary for tax payer to avail credit of Input Tax and all other hindrances should be removed. They further requested that there should be a practical approach in deciding late fees, interest and penalties.
- 22 Apr 2022 02:53 PM
Lower GST, incentives in govt’s draft battery-swapping policy
NEW DELHI : NITI Aayog proposed a raft of incentives to encourage the creation of battery-swapping infrastructure for electric vehicles (EVs), including offering subsidies to developers and reducing the goods and services tax (GST) on batteries to 5%.
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- 19 Apr 2022 06:57 PM
GST: GoM yet to take a view on rate rationalisation, report says
The Group of Ministers (GoM) will deliberate and finalise recommendations which will be sent to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers
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- 19 Apr 2022 07:03 PM
GST Council: Ministers' panel yet to take a view on proposal to raise 5% rate
The seven-member Group of Ministers, which is led by Karnataka chief minister Basavaraj S Bommai and includes finance ministers from West Bengal, Kerala Goa, Bihar, Uttar Pradesh and Rajasthan as members, is likely to meet early next month
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- 19 Apr 2022 07:12 PM
Centre denies reports of GST council planning to raise 5% tax slab to 8%
The sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it.
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- 18 Apr 2022 06:21 PM
‘There is need for comprehensive review of GST regime’
‘The process of setting up a central advance ruling authority which would help reconcile contradictory advance rulings should be expedited’
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- 18 Apr 2022 06:26 PM
GST Council to mull proposal to do away with 5% rate next month.
Discussions are on to raise the 5% slab to either 7 or 8 or 9%, a final call will be taken by the GST Council which comprises finance ministers of both Centre and states, as per sources
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- 12 Apr 2022 06:09 PM
GST compensation: Some states may get relief package
The Centre may offer a special package to states to tide over financial difficulties as the compensation regime for the goods and services tax (GST) ends in June this year after the agreed five-year period.
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