Tag: Tax
Anti Evasion Wing of GST Arrests an Mumbai Exporter for GST Fraud
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
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
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
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
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
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
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