INR 12,000 Crore GST Evasion Detected by GST Officers in Last 8 Months
According to a senior government official, GST evasion worth Rs 12,000 crore has been recorded in 8 months between April and November.
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According to a senior government official, GST evasion worth Rs 12,000 crore has been recorded in 8 months between April and November.
In response to a plea filed by KTC (India), a travel & tour’s operator, against the Special Audit notice of GST, the Delhi High Court has recently issued a notice asking Centre to declare Rule 5A of the Service Tax Rules, 1994 as unconstitutional and inoperative.
In a bid to make the National Pension System (NPS) more appealing for potential investors, the government has decided to make NPS withdrawals 100% tax-
For filing Annual GST Return an option of ‘Annual Return Tab’ has been enabled by the GSTN (Goods and Services Tax Network).
After successfully clearing all CA attempts, one thing comes in everyone mind either to start a practice or applying for the employment. Both of the options have some set of advantages and disadvantages.
The newer version of the Gen GST – return filing and e-billing – software has been launched now. It is bigger, better and comes with more features than before. Gen GST is also the first GST software in the accounting segment to be completely independent of platform and the OS. It is also available in both online and offline variants.
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In response to an application filed by Premier Vigilance & Security Pvt Ltd, a company providing transportation and services to banks, the West Bengal Authority for Advance Rulings (AAR) has passed an order saying that Goods and Services Tax (GST) will be levied on reimbursement of toll charges.
It is observed that uploading TDS returns on the TRACES portal can be hard for a few taxpayers. Also, there are complications with the data processing system on the government portal. Recently the NSDL e-Gov prepared a software solution namely e-TDS/TCS return preparation utility (RPU) to ease the preparation of e-TDS/ TCS filing returns. The […]