Thu, Jan 11, 2024
The ministry said in a statement, "DGGI has achieved an increase in detection of cases of evasion and voluntary payments. In 2023, DGGI detected 6,323 cases involving evasion of duty of Rs 1,98,324 crore with a voluntary payment of Rs 28,362 crore. 140 masterminds involved in GST evasion were arrested."
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Sun, Jan 07, 2024
In the October-December quarter, 4,153 bogus firms that involved suspected ITC evasion of around Rs 12,036 crore were detected. As many as 2,358 of these bogus firms were detected by the Central GST Authorities. Maharashtra topped the list with 926 bogus firms detected, followed by Rajasthan (507), Delhi (483), and Haryana (424).
Mon, Dec 11, 2023
Responding to a question in the Lok Sabha raised by a Member of Parliament whether "various retail traders are overcharging the customers and are remitting lesser Goods and Services Tax (GST) to the Government by presenting inflated bills after charging GST over MRP", the minister stated that "no specific case of such type has come to the notice of any Central Tax formation."
Thu, May 26, 2016
It's easy to draw pitch-forks at the Prime Minister but would it be fair to blame Modi alone for what's gone down in the markets?
Thu, May 19, 2016
Banerjee said, “We have ideological differences with BJP but we will always support on issues that are beneficial to the people. We will support GST.”
Tue, May 03, 2016
IMF on Tuesday released its Regional Economic Outlook for Asia and Pacific in Hong Kong.
Wed, Apr 27, 2016
Moody's said a history of double-digit inflation, elevated government debt, weak infrastructure and a complex regulatory regime have constrained India's credit profile
Sun, Apr 24, 2016
The e-commerce space has rapidly evolved but several challenges have surfaced primarily in areas of taxation, logistics, payments, internet penetration and skilled manpower, said the CII-Deloitte report on 'e-commerce in India- A Game Changer for the Economy'
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