The tax department is gearing for stricter enforcement with the help of technology and big data under the goods and…
Among the GST registrants, share of firms below Rs. 1.5 cr turnover in revenue mopped up is just 5.5 percent.…
The Central Board of Excise and Customs (CBEC) is set to start investigations into a suspected trend among some construction…
The government has announced relaxation in the e-way bill mechanism: these won’t be required for consignments moved within 50 km…
In the circular addressed to field officials of the department, CBEC has laid out invalid CENVAT credit in two categories:…
Subbu goes on to illustrate the common sense employed in making the ‘Tall Boy’—another name for Santro derived from its…
After two high courts flayed the government over the working of the GST Network — the firm handling the IT…
The government could turn less ambitious on the invoice-matching mechanism, one of the crucial anti-evasion measures in the goods and…
The pace of goods and services tax (GST) revenue, which gathered momentum in December after hitting a nadir in November,…
Budget 2018-19 has gone a step further: It clarified that foreign companies in specified infrastructure sectors, which operate in the…
Analysts said given that the crash of the e-way bill portal on February 1 led to stoppage of merchandise movements…
Budget 2018: After a hiatus, the Budget 2018 brought back a 10% tax (without indexation) on long-term capital gains (LTCG)…
To encourage compliance in the face of most taxpayers, especially SMEs, complaining that filing GST returns is very complicated, GST…
The easier returns-filing system being put in place by the Goods and Services Tax (GST) Council may even dispense with…
Budget 2018: In case of health insurance policies, the taxpayer is entitled to a deduction of Rs 25,000 (Rs 30,000 for…
If the Goods and Services Tax (GST) Council insists on electronic way (e-way) bill for moving goods above certain worth…
Even after the tax department casting a critical eye on the unexpectedly high claims of transitional credits by businesses paying…
Firms asked to submit FY17 P&L, balance sheets and invoices of raw materials used in the products.
