GST

Plea in Supreme Court seeking constitution of GST Appellant Tribunal

The petition, which is likely to come up for hearing shortly, said that even after four years of the Central Goods and Services Act coming into existence, the tribunal has not been constituted.

published on : 22nd July 2021

Most GST proceedings to follow own timeline: CBIC clarifies

It has said in a circular issued late Tuesday night that the extension granted by Supreme Court order applies only to quasi-judicial and judicial matters.

published on : 22nd July 2021

SC order on timeline limitation restricted only to appeal cases: CBIC

'The extension granted by Hon'ble Supreme Court order applies only to quasi-judicial and judicial matters relating to petitions/ applications/ suits/ appeals/ all other proceedings.'

published on : 21st July 2021

18-year-old gets interim bail in GST fraud case

Noting that the accused was juvenile at the time of commission of offence, a court here granted interim bail to a 18-year-old in an alleged GST fraud case registered in Maharashtra.

published on : 20th July 2021

GST intel wing seizes 1kg gold

The State GST Intelligence Wing seized 1.250 kg gold which was being transported without necessary documents.

published on : 20th July 2021

Rs 81,179 crore due to states as GST compensation for FY21

Minister of State for Finance Pankaj Chaudhary said that the Centre will borrow Rs 1.59 lakh crore from the market through a special window in the current fiscal year and pass it on to states/UTs.

published on : 19th July 2021

Kerala bats for e-way bill for intra-state movement of gold

Sources in the department said the special drive was initiated in the wake of reports on largescale tax evasion by traders.

published on : 19th July 2021

Have been reckless throughout my career, need to get better at consistency: England batsman Liam Livingstone

Liam Livingstone scored the fastest T20I century by an England player but failed to take the hosts over the line as Pakistan recorded a 31-run win in the first T20I.

published on : 17th July 2021

Two Odisha businessmen arrested for Rs 115 crore GST fraud

The accused had managed to pass bogus input tax credit with the help of fake firms they created using documents like PAN, Aadhaar, bank passbooks of plumbers, drivers and unemployed youth.

published on : 17th July 2021

Odisha gets Rs 3,033 crore to meet GST shortfall

The Rs 3,033.1 crore that Odisha has been paid is almost half of the total shortfall for the entire year, sources said.

published on : 17th July 2021

GST sleuths bust invoice fraud worth Rs 641 crore in Odisha, 2 traders held

The accused in collusion with others availed bogus ITC by raising fake purchase invoices against 16 fictitious/non-existent business entities located at various places in the state.

published on : 16th July 2021

Odisha: Tax department to conduct special drive to detect fake firms from Friday

A workshop was conducted through video conferencing with all field functionaries on Thursday and SOP shared with them on conducting the drive.

published on : 16th July 2021

Telangana to get GST compensation of Rs 2,155 crore

Out of the total amount of Rs 2,155 crore, the State will get Rs 1,968.46 crore under five year tenor and Rs 186.79 crore under two year tenor.

published on : 16th July 2021

Kerala to receive Rs 4,122 crore as GST compensation

Kerala will get Rs 4,122.27 crore from the Rs 75,000 crore that the Union finance ministry has released to states and union territories as compensation for shortfall in GST revenues.

published on : 16th July 2021

GST compensation: Centre releases Rs 8,542 crore to Karnataka

The same principles that were applied to similar loans last fiscal year will be applied this year as well.

published on : 16th July 2021
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