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From the continuous last 5 years, the tax collection of Uttar Pradesh has been increased by 25% and lies at Rs 2522 cr more in Dec 2020 with respect to Dec 2019. The finance minister mentioned that the revenue is on a steady increase. The set target for the month was Rs 14,536.47 crore, and […]
A survey is initiated at the offices of Zee Entertainment Enterprises Ltd and Larsen & Toubro (L&T) Ltd. which comes under the tax examination with respect to the 2 organizations by the Directorate General of GST Intelligence (DGGI). A fake input tax credit is found to be filed by the two firms named zee and […]
Under Section 70 of CGST Act, 2017 Allahabad High Court discharging the appeal permitted for the collateral inquiry hearing through the GST council security with the hearing under section 6(2)(b). The applicant is the owner of G.K.Trading Company who provides that the investigation is been initiated through the Deputy Commissioner (SIB), Ghaziabad, in the business […]
In a recent update, the National Anti-Profiteering Authority (NAA) has instructed the directorate general (DGAP) to conduct a detailed investigation in the alleged profiteering complaint against the MRF corporation. The complaint, which was filed by a consumer of MRF, says that the prices of some goods supplied by the company were increased or remained unchanged […]
The Himachal Pradesh High Court ruled that the Provisional Attachment Order will not be challenged via Writ Petition. Below Section 74 of Himachal Pradesh Goods and Services Tax Act, 2017 and the Central Goods and Services Tax Act, 2017 Get the brief introduction of SGST, IGST and CGST. We have mentioned their full forms, meanings […]
The Aadhaar Authentication facility is now open for Goods and Service Tax (GST) Portal, which will assist the assessee to verify the Aadhar of Partner, Promoter and Primary Authorised Signatory. The Aadhar authentication is the procedure through which the Aadhaar number and the other biometric information of the Aadhar holder are given to the Central […]
To the states Rs, 6000 cr as the 10th installment is given by the union so as to bridge the gap of GST compensation and thus releasing the amount with the sum of Rs 60000 cr. Out of this Rs, 5,516.60 crores have been issued to 23 states and Rs 483.40 crore to Delhi along […]
The harassment of the assessee should not be done by blocking the credit. This is the power of the GST council says Gujarat high court. The court commented that the rules and guidelines are to be followed through the GST council which should be issued by the government in the time of practicing the powers […]
It is now three months since the launch of the GST e-invoice system. The system turned out to be the game-changer for all the taxpayers and also for the authorities, it provided easy transition of taxpayers to the new platform. As per report, After the launch of NIC developed GST e-invoice system Get to know […]
