- 23 May 2022 02:55 PM
- New
Representation against beyond law use of power by GST officer
Source: https://taxguru.in/goods-and-service-tax/representation-law-power-gst-officer.html
Economic Cell of Bharatiya Janata Party, Rajasthan has made a representation to Smt. Nirmala Sitharaman, Minister of Finance and Corporate Affairs on 21/05/2022 against Beyond law use of power by GST officer to diffuse the objective of make in India and ease of doing business by creating tax terrorism.
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- 21 May 2022 12:33 PM
- New
Heavy tax can hurt online gaming sector: experts
India’s online gaming companies are dreading an upcoming decision by the government that could impose the highest goods and services tax (GST) on the fledgling industry.
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- 21 May 2022 04:29 PM
- New
Tweet by CGST Panchkula on Arrest of two Chartered Accountants
Source: https://taxguru.in/goods-and-service-tax/tweet-cgst-panchkula-arrest-chartered-accountants.html
On the basis of a specific complaint and careful data analysis, officers of the CGST Gurugram Commissionerate detected a case of fraudulent availment of ITC and consequent refunds of about Rs. 20 Crore in the name of 8 firms found to be non – existent Investigation conducted thus far has revealed the involvement of three persons.
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- 21 May 2022 04:41 PM
CGST Mumbai unearths fake tax credit network and arrests one
Source: https://taxguru.in/goods-and-service-tax/cgst-mumbai-unearths-fake-tax-credit-network-arrests.html
The officers of Anti-Evasion wing of CGST Commissionerate Mumbai East of Mumbai Zone have unearthed a fake Input Tax Credit (ITC) Network and arrested the Director of a Kurla based company for GST fraud.
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- 21 May 2022 04:54 PM
Complaint against CGST Commissioner for wrongful detention of 60-70 CAs
Complaint against Commissioner CGST Sector-32 Gurugram for wrongfully restraining & confining and illegal detention of around 60-70 Chartered Accountants as well as for manhandling by use of criminal force and thereby assaulting by officials of CGST upon the directions of Commissioner CGST.
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- 20 May 2022 02:21 PM
India’s GST appeal process requires urgent reforms too
The Supreme Court’s verdict on the powers of the Goods and Services Tax Council is a landmark. It correctly interprets the 101st Constitutional amendment, which ushered in the era of a nationwide GST, as not explicitly prohibiting states from legislating on those very taxes.
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- 20 May 2022 02:51 PM
Don’t let it splinter
Source: https://www.livemint.com/opinion/quick-edit/dont-let-it-splinter-11652982640908.html
The Supreme Court on Thursday ruled that recommendations of the Goods and Services Tax (GST) Council are advisory in nature and not binding on either the Central government or states; the latter, the apex court held, retain their powers to legislate on taxes.
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- 20 May 2022 03:08 PM
SC says GST Council decisions not binding on Centre and states
NEW DELHI : The recommendations of the Goods and Services Tax (GST) Council are not binding on either the Union government or the states, the Supreme Court ruled on Thursday, rejecting the Centre’s argument that the entire structure of GST would crumble if the Council’s mandates are not treated as enforceable.
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- 20 May 2022 03:44 PM
Fraudulent ITC availment of 160 crore- DGGI Gurugram arrests one person
DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms
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- 19 May 2022 05:40 PM
One arrested for running tax credit racket
Source: https://www.livemint.com/news/india/one-arrested-for-running-tax-credit-racket-11652957760289.html
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NEW DELHI: The Directorate General of GST Intelligence (DGGI) has detected a case of input tax credit irregularity of more than ₹160 crore involving a network of non-existent and fake firms, the finance ministry said on Thursday.