They said that the panel of ministers looking into GST rate rationalisation is yet to submit its report to the GST Council.
Stating that views have not been sought from states on hiking rates on 143 items, sources said, there is also no proposal to shift more than half of items to the highest tax GST slab of 28 per cent.
Source: https://taxguru.in/goods-and-service-tax/cbi-arrests-gst-superintendent-bribery-case.html
The Central Bureau of Investigation has arrested a Superintendent, Central GST-1, Baramati, Pune (Maharashtra) for demanding & accepting bribe of Rs.10,000/- from the Complainant. A case was registered against Superintendent, Central GST-1, Baramati, Pune on a complaint.
Read MoreCBI 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.
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.
Read MoreSource: 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.
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%.
Read MoreThe 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
Read MoreThe 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
Read MoreThe sources confirmed to ANI that there is no such proposal from the Council, this news is speculative and there is no truth in it.
Read More‘The process of setting up a central advance ruling authority which would help reconcile contradictory advance rulings should be expedited’
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