CBI arrests its four Sub-Inspectors posted at Delhi
  • 14 May 2022 06:30 PM
  • New

CBI arrests its four Sub-Inspectors posted at Delhi

Source: https://taxguru.in/corporate-law/cbi-arrests-four-sub-inspectors-posted-delhi.html

CBI TAKES EXEMPLARY ACTION AGAINST ITS OFFICIALS AS PART OF ZERO TOLERANCE POLICY TOWARDS CORRUPTION & OTHER OFFENCES, ARRESTS ITS FOUR SUB-INSPECTORS AND CONDUCTS SEARCHES AT THEIR PREMISES; ALL FOUR DISMISSED FROM SERVICE

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6 processes to improve experience of GST taxpayers in Haryana
  • 14 May 2022 06:37 PM
  • New
GST Returns Scrutiny Manual
  • 12 May 2022 09:11 PM

GST Returns Scrutiny Manual

Source: https://taxguru.in/goods-and-service-tax/gst-returns-scrutiny-manual.html

Haryana GST Returns Scrutiny Manual standardize and streamline the procedural aspect with regards to the scrutiny of GST returns as per section 61 of the HGST Act, 2017. GST Returns Scrutiny Manual also envisages the subsequent actions as per section 73/74 of the HGST Act, 2017 if needed to be undertaken, for demand and recovery. GST Returns Scrutiny Manual provides for procedure and guidelines in respect of issuance of notice, communication of discrepancies to taxpayers, verification of records and explanation submitted, if any, the manner of reporting the action taken, maintenance of record and overall conduct of scrutiny function by the officers of the Excise and Taxation Department, Haryana.

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Haryana Excise Policy for The Year 2022-23
  • 12 May 2022 09:18 PM

Haryana Excise Policy for The Year 2022-23

Source: https://taxguru.in/goods-and-service-tax/haryana-excise-policy-year-2022-23.html

The Excise Policies of the State have successfully achieved and strengthened the long term objectives of breaking the cartels, broad-basing the trade by facilitating the entry of new players of even modest means, simplifying/unifying the structure of wholesale supply of liquor by giving wholesale licenses to retail licensees, establishing a transparent system of allotment of retail outlets, complete check on manufacturing/sale of spurious liquor, thwarting all attempts of evasion of excise levies, plugging the leakage/pilferage, optimization of revenue, creating ambience for legitimate and responsible drinking and providing good quality liquor at reasonable price to those who drink.

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Cos resist GST recovery tactics in court amid record tax collections
  • 11 May 2022 07:03 PM

Cos resist GST recovery tactics in court amid record tax collections

Source: https://www.livemint.com/economy/cos-resist-gst-recovery-tactics-in-court-amid-record-tax-collections-11652209877490.html

The trend indicates the escalating tussle between tax authorities and businesses when the government’s revenue needs and business’ liquidity requirements are high

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GST Council Newsletter for the month of April, 2022
  • 11 May 2022 07:10 PM

GST Council Newsletter for the month of April, 2022

Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-april-2022.html

Gross GST collection in April, 2022 is all time high, Rs. 25,000 crore more than the next highest collection of Rs.1,42,095 crore, just last month.

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No more GST compensation needed, Centre to tell states
  • 10 May 2022 07:14 PM

No more GST compensation needed, Centre to tell states

Source: https://www.livemint.com/news/india/no-more-gst-compensation-needed-centre-to-tell-states-11652125390911.html

NEW DELHI : The central government is likely to tell states at the next meeting of the Goods and Services Tax (GST) Council that the buoyant GST revenue trend shows that states no longer need funds from the Centre as compensation for the 2017 indirect tax reform.

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Cryptocurrency conundrum! GST Council mulls imposing heavy tax: Report
  • 10 May 2022 07:19 PM

Cryptocurrency conundrum! GST Council mulls imposing heavy tax: Report

Source: https://www.livemint.com/news/india/cryptocurrency-conundrum-gst-council-mulls-imposing-heavy-tax-report-11652153640169.html

In what could further spoil the mood of crypto investors in the country, the goods and services tax (GST) Council is likely to consider imposing 28 per cent tax on cryptocurrencies. The proposal is likely to be tabled in the next GST Council meeting.

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E-way bill generation dips in April; may hit May’s GST collection
  • 06 May 2022 06:20 PM

E-way bill generation dips in April; may hit May’s GST collection

Source: https://www.livemint.com/news/india/eway-bill-generation-eases-a-notch-in-april-11651759680854.html

NEW DELHI : Generation of e-way bills, which are needed to ship goods within and across states, eased a notch in April, suggesting that Goods and Services Tax (GST) collections this month could be lower than the previous month’s record high.

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