Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.
Key Difference: GST searches are business-centric, focusing on transactional compliance, while Income Tax searches are more intrusive, aiming at personal and undisclosed income. Governed by Section 67 ...
Navigating ITC Double Claiming Risks Post-GSTR-2B Introduction: A Guide for GST Compliance ...
In a major relief to goods and services tax (GST) payers, the government is likely to amend Central GST (CGST) Rules, ...
Press Trust of India on MSN6d
Congress pushes for ‘GST 2.0,’ calls for radical tax reform beyond mere rate cutsCongress general secretary in-charge communications Jairam Ramesh said his party had envisaged a GST 2.0 -- a truly Good and ...
Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of ...
A three-judge Supreme Court bench ruled that individuals accused under GST and customs laws would be entitled to the same legal protections as those accused under criminal law.
For some of the company’s vendors, the invoices had no GST ... Not all the indicators point to a bleak GST holiday. Moneris data suggest the tax break did create growth in some categories ...
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