‘GST audits led to detection of ₹22,000 cr tax evasion’
  • 15 Feb 2023 05:56 PM
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‘GST audits led to detection of ₹22,000 cr tax evasion’

Source: https://www.livemint.com/economy/gst-audits-led-to-detection-of-22-000-cr-tax-evasion-11676397367736.html

NEW DELHI : The GST audits undertaken by the indirect tax administration in the current financial year have led to the detection of ₹22,000-crore tax evasion from nearly 48,000 cases so far, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said in an interview.

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Petroleum products to soon be under GST? Here's what FM Sitharaman said
  • 15 Feb 2023 06:03 PM
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Petroleum products to soon be under GST? Here's what FM Sitharaman said

Source: https://www.livemint.com/news/india/petroleum-products-to-soon-be-under-gst-here-s-what-fm-sitharaman-said-11676461424509.html

Addressing a post-Budget interactive session with the members of the industry chamber PHDCCI on Wednesday, Sitharaman said that petroleum products could be included under GST if there was agreement among the states.

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GST council meet on Saturday
  • 14 Feb 2023 05:41 PM
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GST council meet on Saturday

Source: https://www.livemint.com/news/india/gst-council-meet-on-saturday-11676308442841.html

The Council is expected to discuss the issues that were on the agenda at its last meeting but could not be taken up
NEW DELHI : Federal indirect tax body, the GST Council will meet on Saturday to discuss a host of issues including states' revenue position and setting up new GST Tribunals.

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Will use property tax data, electricity bill to increase GST tax base: CBIC Chairman
  • 14 Feb 2023 05:47 PM

Will use property tax data, electricity bill to increase GST tax base: CBIC Chairman

Source: https://www.livemint.com/news/india/will-use-property-tax-data-electricity-bill-to-increase-gst-tax-base-cbic-chairman-11676358091530.html

Responding to a question about business-to-consumer (B2C) shopkeepers whose daily sales are in lakhs but are not giving receipts and do business in cash, Vivek Johri said that B2C business is a matter of concern.

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Next big agenda is adding more tax payers: CBIC chairman Vivek Johri
  • 13 Feb 2023 06:00 PM

Next big agenda is adding more tax payers: CBIC chairman Vivek Johri

Source: https://www.livemint.com/news/india/next-big-agenda-for-cbic-is-adding-more-taxpayers-11676221612118.html

New Delhi: Beefing up the taxpayer roll is the next big task for the Central Board of Indirect Taxes and Customs (CBIC), said the chairman of the body that’s helped stabilize revenue collections and take measures to decriminalize violations—essential ingredients of tax reform.

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GST Council Newsletter for the month of January 2023
  • 13 Feb 2023 06:07 PM

GST Council Newsletter for the month of January 2023

Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-january-2023.html

On 26th January, the Country celebrated the 74th Republic Day therein honoring the adoption of our Constitution that has vested the supreme authority of the Republic in “We, the people”. Our country is entering into a crucial phase wherein we as a nation endeavor to achieve an empowered and inclusive economy over the next 25 years in lead up to the 100 years of our Independence.

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CBI Registers A Case Against An Assistant Commissioner of CGST
  • 13 Feb 2023 06:11 PM

CBI Registers A Case Against An Assistant Commissioner of CGST

Source: https://taxguru.in/goods-and-service-tax/cbi-registers-case-assistant-commissioner-cgst.html

CBI REGISTERS A CASE AGAINST AN ASSISTANT COMMISSIONER OF CGST & HIS WIFE ON THE ALLEGATIONS OF POSSESSING DISPROPORTIONATE ASSETS AND RECOVERS CASH OF Rs.42 LAKH(APPROX) DURING SEARCHES

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Excise dept officials inspect Adani Group company warehouse in Himachal Pradesh
  • 10 Feb 2023 05:48 PM

Excise dept officials inspect Adani Group company warehouse in Himachal Pradesh

Source: https://www.livemint.com/news/india/excise-dept-officials-inspect-adani-group-company-warehouse-in-himachal-pradesh-11675945240560.html

The officials were apparently investigating possible GST violations by the company, a 50:50 joint venture between the Adani conglomerate and Singapore-based Wilmar.

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Fitment panel to discuss cement GST reduction
  • 10 Feb 2023 05:56 PM

Fitment panel to discuss cement GST reduction

Source: https://www.livemint.com/news/india/fitment-panel-to-discuss-cement-gst-reduction-11676022800972.html

The industry is seeking a reduction in the tax rate on the construction material as it will help to lower the cost of projects.

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