SIAM (Society of Indian Automobile Manufacturers) convention: Guenter Butschek, CEO Tata Motors said Indian automobile industry growth story is about to due to ongoing slump triggered by a variety of factors, including low consumer sentiment and non-availability of liquidity. While reporting the 20% fall the auto …
GST frauds are increasing significantly. The GST Council is considering to take measures to reduce fraudulent tax evasion. As per the statement made by Anurag Thakur in Rajya Sabha, since the rollout of Goods and service tax (GST) on July 1, 2017, the amount involved of …
An investigation involving amount of Rs. 70 crore tax credit scam is carrying on by the UT excise and taxation department, which will also take help of excise department to unearth the large spread scam. Earlier also, the department had detected 132 bogus dealers who used …
CBIC vide Notification No. 39/2019 – CT dated August 31, 2019 has appointed September 01, 2019 as the date since when section 54 of the CGST Act, 2017 is amended to include new sub-section (8A) in accordance with proposal made in Finance Act, 2019 to allow and disburse …
The Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019,(SVLDRS) application has been made available online at https://cbic-gst.gov.in from 01-09-2019. The declaration under Section 125 of the Finance (No. 2) Act, 2019 can now be made electronically in Form SVLDRS-1 by the declarant. Read More: Rules under …
Important dates of September, 2019 for compliance under GST are as follows:- Due date Forms Period Description September 10, 2019 GSTR-8 August 2019 E-Commerce operator registered under GST liable to TCS September 20, 2019 GSTR-1 July 2019 Taxpayers in Jammu and Kashmir and 58 flood affected …
One more time, GST collection in the month of August dropped below Rs 1 lakh crore recorded to Rs 98,202 crore. This is the second time during this year that the revenue collection from the GST has slipped below the Rs 1 lakh crore mark. First, it happened …
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