- 13 Feb 2023 06:07 PM
- New
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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- 13 Feb 2023 06:11 PM
- New
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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- 10 Feb 2023 05:48 PM
- New
Excise dept officials inspect Adani Group company warehouse in Himachal Pradesh
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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- 10 Feb 2023 05:56 PM
Fitment panel to discuss cement GST reduction
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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- 08 Feb 2023 05:38 PM
Govt to look into cement sector plea to cut GST
The suggestion comes at a time the Central government has scaled up its capital expenditure from ₹7.28 trillion in FY23 to ₹10 trillion in FY24 in the Union budget presented on 1 February.
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- 08 Feb 2023 05:43 PM
GST clarity on crypto assets may take time
Source: https://www.livemint.com/news/india/gst-clarity-on-crypto-assets-may-take-time-11675792305063.html
New Delhi: Plans to bring in more clarity on whether or not the Goods and Services Tax (GST) is appliable for certain types of crypto asset transaction are likely to take more time as policy makers await the outcome of an investigation into specific cases.
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- 07 Feb 2023 05:38 PM
Centre will not merge GST tax rates in FY24: Report
India's government will likely not contemplate merging tax rates for the Goods and Services Tax (GST) regime in the financial year FY24 to maintain stability. The plan of overhauling tax rates in GST has taken rounds for more than a year now.
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- 07 Feb 2023 05:45 PM
GST on digital services: Budget 2023-24 broadens scope of OIDAR
The levy of tax on Online information and Database Access Service (OIDAR) was introduced in India in 2001 under the erstwhile service tax regime and in 2016 the ambit of services was widened to include several digital services into the tax fold.
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- 07 Feb 2023 06:30 PM
DGGI, NFSU sign MoU for setting up of digital forensic laboratories
Quick and effective convictions of serious tax offenders not only secure government revenues and plug leakages but also ensure trade facilitation by ensuring a fair tax regime for the honest taxpayer
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- 06 Feb 2023 05:52 PM
Ease of GST compliance: Still a distant dream
GST compliances which were envisaged to be easier and less complex, have turned out to be a compliance nightmare with multiple and frequent changes in the tax returns and reporting requirements.
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