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Jharkhand High Court on Tuesday gave its verdict saying that though the interest liability under section 5 of the Central Goods and Service Tax (CGST) 2017 is computed automatically, the same shall be levied only after the completion of the adjudication proceedings valid under CGST Act 2017. The applicant of the case is a partnership […]
Good and Service Tax Network (GSTN) reported 10,000 new GST registrations and 8,000 refund applications on the portal during the lockdown. The report is of 10 days since the lockdown started (till 3 April). To handle the GST registrations and online applications Get to know the complete GST registration procedure online on the Indian government […]
Central and state tax officers will share information about taxpayers for enforcement action as the government looks to tighten enforcement measures to check GST evasion. According to the central board of indirect taxes and customs (CBIC) officials, central and state officers are soon going to share information of taxpayers with each other in order to […]
Government is all rendered to support the honest taxpayer starting with the assurance that they will not be unnecessarily harassed by the tax officers also the wealth creators would be respected. Adhering to its goals, government-owned indirect tax body – Central Board of Indirect Taxes and Customs (CBIC) has made a decision to appoint an […]
In a meeting with probationers of 68th batch of Indian Revenue Service (Custom and Central Excise), the President Ram Nath Kovind has appreciated for making goods and services tax a success across the country.
Chief financial officers of MNCs are now betting on the positive side of the goods and services tax as almost 77 per cent of the CFOs accept that the GST is worth for implementation.
Recently, there was discontentment within the finance ministry over the Tax revenues collected by the separate authorities including state and central government.
GST is a complex taxation reform, it enhanced the compliance burden on taxpayers and they are facing problems in filing returns. To get rid of this problem, the government had informed to the tax officials to keep an eye on the activities of the newly implemented indirect tax regime.
One month is about to complete as the country has entered into the new regime. Nearly 15 officers and inspectors from the tax department have been spending long time hours on daily basis to solve the problems and queries of merchants, traders, and taxpayers. At GST help desks, each officer deal with 10 cases in a day which is generally related to the digital signatures and PAN mismatch.
