Tag: Tax

Anti Evasion Wing of GST Arrests an Mumbai Exporter for GST Fraud
Electronics, News

Anti Evasion Wing of GST Arrests an Mumbai Exporter for GST Fraud

SMEStreet Edit Desk- January 13, 2021

An exporter has been arrested by the anti-evasion wing of the Central Goods and Services Tax (GST), Mumbai West unit for allegedly availing fake Input ... Read More

Taxpayers can Monitor Their Bill of Entries Data In The GST System
Finance, Finance

Taxpayers can Monitor Their Bill of Entries Data In The GST System

SMEStreet Desk- August 29, 2020

Taxpayers can now view their bill of entries data which is received by the GST System (GSTN) from ICEGATE System (Customs). Read More

Import And Export Of Goods Without Furnishing Bonds To Customs Authorities Allowed
Exports, InFocus

Import And Export Of Goods Without Furnishing Bonds To Customs Authorities Allowed

SMEStreet Desk- April 4, 2020

In a roundabout, the CBIC said merchants and exporters should outfit an undertaking to the Customs specialists till April 30 in lieu of the bonds. Read More

CBDT Extends Validity Of Lower Withholding Tax Orders Till June 30
InFocus, News

CBDT Extends Validity Of Lower Withholding Tax Orders Till June 30

SMEStreet Desk- April 2, 2020

CBDT said that assessees holding legitimate authentications for FY20 would get the advantage of expansion, which in any case would terminate on March 31. This ... Read More

Finance Bill Passed: Scope For Fuel Tax Widened, ‘NRI Tax’ Limited
LimeLight

Finance Bill Passed: Scope For Fuel Tax Widened, ‘NRI Tax’ Limited

SMEStreet Desk- March 25, 2020

The government likewise utilized the Finance Bill 2020 to make space for expanding the duties on auto fills by up to Rs 8 for every ... Read More

Racket Busted Of Large Number Of Non-Operational Partnership Firms Falsely Claiming Refunds Against Accumulated ITC
InFocus, News

Racket Busted Of Large Number Of Non-Operational Partnership Firms Falsely Claiming Refunds Against Accumulated ITC

SMEStreet Desk- March 17, 2020

During the search,none of the firms were found to be existing/operational at their declared premises. Further investigations revealed that two persons, apparently masterminds behind the ... Read More

Finance Ministry Gave Target of Rs 13.4 Lakh Crore to Tax Collectors
Banking & Finance, Finance

Finance Ministry Gave Target of Rs 13.4 Lakh Crore to Tax Collectors

SMEStreet Desk- January 6, 2020

The government’s efforts to maintain its deficit goal goes against advice from some quarters, including central bank Governor Shaktikanta Das, who urged more spending to ... Read More