NEW DELHI: Non-filers of GST returns for 6 consecutive months will soon be barred from generating e-way bills for movement…
GST
FinMin considers steps to prevent composition dealers from charging GST from buyers
NEW DELHI: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service…
E-commerce companies not to collect TCS from suppliers with less than Rs 20 lakh turnover: CBIC
NEW DELHI: The e-commerce companies are not liable to collect TCS on supplies made by entities with turnover not exceeding…
GST collection for November drops to Rs 97,637 crore
Government’s GST collection for the month of November dropped to Rs 97,637 crore after it crossed the Rs one trillion…
GST NAA finds Hardcastle Restaurants guilty of profiteering Rs 7.49 crore
New Delhi: The anti-profiteering authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald’s, guilty of not…
GST profiteering charges against Fabindia dismissed
The anti-profiteering authority has dismissed charges against Fabindia Overseas of not passing on price reduction benefits to consumers post the…
‘MSMEs have been robbed of credit’
NEW DELHI: “MSME has been robbed of credit. If the government says (this sector) should be funded, the media says the…
Centre, states apportion Rs 32,000 crore IGST in October
NEW DELHI: As much as Rs 32,000 crore lying in the integrated goods and services tax (IGST) pool has been…
Composition scheme biz while filing GST quarterly returns
Businesses opting for composition scheme under GST need not file details of purchases made from their vendors at the time…
Companies rush to match input tax credit with vendor returns
NEW DELHI: Indian companies are scrambling to retain hundreds of crores of input tax credit for last financial year under the Goods and…