Complainant’s identity is exploited to obtain fake GST number, highlighting rising trend of cyber fraud; authorities urge vigilance & regular monitoring of tax statuses In a recent case that ...
GST is a household term in India, not just because it’s a tax levied on most goods and services, but because it’s a relatively new phenomenon that also attracted controversy. But there’s more to it ...
Central excise and service tax assessees without a valid PAN number need to obtain valid PAN numbers and update the registration details on the ACES portal for migration to the new goods and services ...
A farmer in Uttar Pradesh's Mathura received a notice of ₹30 crore from the Income Tax Department. The notice was reportedly linked to "fake GST number and PAN card" fraud. Earlier, a juice seller, a ...
The anti-evasion measure comes on the back of deceleration in GST revenue collections, which slipped to over Rs 83,000 crore in November 2017 from over Rs 95,000 crore in July. (PTI) The GST Council ...
The tax department has made it mandatory for central excise duty and service taxpayers to obtain a valid PAN number before they can be migrated to the new goods and services tax (GST) set-up. The tax ...
The central government has capped the maximum rate of GST compensation cess that would be levied on pan masala, cigarettes, and other forms of tobacco and linked the highest rate to their retail sale ...
Get ready to pay a 204 per cent cess on pan masala gutkha while consumers of aerated water will pay just 12 per cent cess and people buying large cars have to cough up 15 per cent cess from July 1.
The GST Council may consider at the next meet levying cess on commodities like pan masala and bricks at the manufacturing stage itself, a move aimed at checking tax evasion and shoring up revenues.