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2 mins read
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
ANI
2 mins read
Tax fraud: 1,377 exporters who claimed ₹1,875 crore IGST refund 'untraceable'
Government crackdown on tax defaulters has revealed shocking data as a total of 1,377 exporters who…
1 min read
IGST refunds worth Rs 1.12 lakh cr paid to exporters: CBIC
New Delhi, Dec 30 () The revenue department on Monday said that IGST worth over Rs 1.12 lakh crore …
PTI
1 min read
Over 1,200 exporters untraceable; govt saves Rs 350 cr fake IGST refund
New Delhi, Jan 15 () Revenue Department using its data analytics has discovered a fraud in GST refu…
PTI
2 mins read
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
3 mins read
GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman
From the GST collected on vaccine, half is earned by the Centre and the other half by the St…
PTI
1 min read
Covid-19: Businesses can claim GST refund for cancellation of services, goods contract
Clarifying on the issue of advance received by a supplier and invoice generated for a service cont…
PTI
1 min read
Fraction of exporters could have misused GST refund facility, not all: FIEO
New Delhi, Jan 6 () Apex exporters' body FIEO on Monday said all traders should not be looked from …
PTI
1 min read
DGGI arrests two directors of apparel exporting companies for fraudulently claiming GST refund
"The said firms/companies also did not have commensurate purchases backwards. It has been further r…
PTI
1 min read
Exporters' 634 fraudulent GST refund claims worth Rs 1,912 cr detected
In a written reply to a question in the Rajya Sabha, Minister of State for Finance Anurag Singh Th…
PTI
1 min read
52,720 Integrated GST refund claims pending for more than one year: Thakur
New Delhi, Dec 10 () As many as 52,720 Integrated GST (IGST) refund claims are pending for more tha…
PTI
1 min read
GST collections in February rise 12.5% to cross ₹1.68 lakh crore
Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …
1 min read
CBIC asks DGFT to tighten accreditation process of star exporters for curbing tax fraud
New Delhi, Jan 5 () The Central Board of Indirect Taxes and Customs (CBIC) has asked the Directorat…
PTI
2 mins read
Revenue dept detects 931 GST fraud cases through data analytics
New Delhi, Jan 13 () The Department of Revenue has identified 931 cases of fraudulent GST refund cl…
PTI
2 mins read
Govt nets Rs 1.1 lakh cr from GST in Jan
New Delhi, Feb 1 () Goods and services tax (GST) collection has crossed the Rs 1 lakh crore-mark fo…
PTI
2 mins read
Importers, exporters to mandatorily declare GSTIN in documents from Feb 15
"Compulsory capturing of GSTIN by importers and exporters would give an adrenaline rush to the dat…
PTI
1 min read
Customs dept starts capturing district level data of goods exports
"This additional information from the export declarations will provide a key statistical input to …
PTI
2 mins read
Exporters to raise wages issue, opening up of factories in discussion with Commerce Minister Wed
The loan should be given without additional collateral or paperwork to all industrial units who ha…
PTI
2 mins read
Business highlights :
New Delhi, Jan 15 () Following are the top business stories at 1824 hours:
DEL65 BIZ-LD AMAZON…
PTI
4 mins read
HDFC Bank may see credit growth but its margins will continue to remain under pressure in Q1
HDFC Bank is expected to fare better than its peer as it lines up to fire its first-quarter earning…