CBI arrests Superintendent of Customs for demanding & accepting a bribe of Rs 10 Lakh
The Central Bureau of Investigation (CBI) has arrested a Superintendent of Customs, posted at Air Cargo Complex, Sahar, Mumbai for […]
Proposed GST rate tweaks on automobiles may end classification disputes
In upcoming sweeping reforms, the GST on automobiles – currently in the highest tax bracket – will be restructured to
Two company directors arrested in two separate tax fraud cases
Two company directors were arrested in separate cases for fraudulent Input Tax Credit (ITC) claims, collectively involving Goods and Services
No GST Relief On Sin Goods: Tax Incidence On Cigarettes, Tobacco To Remain Unchanged
As the Centre pushes ahead with plans to simplify the GST rate structure, sin and demerit goods including cigarettes, chewing
DGTR suggests safeguard duty on imports of some steel items for 3 years
The commerce ministry’s arm, DGTR, has recommended final imposition of a safeguard duty on imports of certain flat steel products
GTRI says some cos misuse duty-free import scheme, calls ‘licence to loot’
The duty free import authorization (DFIA) scheme, aimed at cutting input costs for exporters, is being misused by some companies,
GST reform: Revenue loss can be handled fiscally, say officials
The proposed reform of the goods and services tax (GST) framework, which aims to offer significant relief by lowering levies
With massive GST rate rejig in pipeline, GSTAT likely to be empowered to take up fresh profiteering cases
With an anticipated GST rate cut on the horizon, a key concern is how to prevent businesses from pocketing the
Cars, ACs, daily-use items to cost less under proposed GST review
A host of goods such as cars, motorcycles, refrigerators, air-conditioners and daily use items, including health care goods and services,
GST registration in 3 days for 95% applicants; refunds to be automated for faster processing
Businesses will soon be able to secure Goods and Services Tax (GST) registration in just three calendar days, with 95
