It has to be acknowledged that the biggest indirect tax reform namely GST has been implemented under your esteemed regime. However, due to the constitutional compulsions, it had to be implemented in great hurry resulting in enormous hardships to stakeholders.
Issue of e-invoices by the taxpayers registered under GST having a turnover above Rs 500 crores has been notified on 13th Dec 2019. It is optional to issue from 1st Jan 2020 and mandatory from 1st April 2020. These notifications
The Central Goods and Service Tax Act, 2017 is to be amended as Central Goods and Service Tax (Amendments) Regulation, 2020, while the Union Territory Goods and Service Tax Act, 2017 will be amended as Union Territory Goods and Service
The Kerala high court has tried to clear the air over the contentious issue of composite supplies under the Goods and Services Tax (GST) which experts say may become guiding principles to decide cases in litigation.
If more than one
A wave of orders is expected from the National Anti-profiteering Authority (NAA) in the next three months, with the Centre stepping up a goods and services tax (GST) compliance drive.
About 40 orders are expected to be issued shortly on
The Department of Revenue has identified as many as 931 cases of fraudulent GST (Goods and Services Tax) refund claims through data analytics and has now tasked the GST data analytics wing to scrutinise all past and pending refund claims
The taxman has started issuing GST audit notices to taxpayers for the first year of the roll-out, i.e. GST FY17-18.
According to a copy of the tax notice reviewed by CNBC-TV18, the taxman has invoked section 65 of the CGST
Finance Minister Nirmala Sitharaman on Tuesday said that the government will resolve issues concerning traders and that GST would be further simplified.
Speaking at the second day of the National Traders Convention of the Confederation of All India Traders (CAIT),
A nine-point plan has been firmed up to plug revenue leakages under the goods and services tax regime. It includes setting up a panel with tax officials from Centre and states to draw up a standard operating procedure for tackling
The Central Board of Indirect Taxes and Customs (CBIC) has asked the Directorate General of Foreign Trade to make the accreditation system for star exporters more robust to curb tax fraud.
“Since an exporter enjoying ‘star’ status is allowed many