Latest News on Input Tax Credit
Showing of 0 - 10 from 30 results
Input Tax Credit - Total results - 30
Jun 25, 2018
Trying to avoid paying GST? GSTN working on data analysis tools to help taxmen check tax evasionGST Network (GSTN), the company handling the technology backbone for Goods and Services Tax, has over the last 11 months provided a platform for businesses to file their returns and pay taxes every month.
Jun 18, 2018
One year of GST: Government could push a raft of anti-evasion measures if compliance or collections dipSeveral changes in GST compliance during the initial phase had disturbed businesses and hence there would be a conscious effort to reduce the level of compliances in the coming year
Jun 12, 2018
GST refund drive extended by two days to 16 June post overwhelming response, says governmentGovt said that GST refunds worth over Rs 7,500 crore were already sanctioned as a part of this drive till now compared to Rs 5,350 crore sanctioned in the earlier drive which lasted from 15 to 29 March
Jun 08, 2018
Tax authorities send notices to businesses for less IGST input credit claim; to check if errors are genuine or a bid to evade taxesSuch notices have been sent to a number of businesses in Mumbai, Chennai and Bangalore, officials said.
Jun 07, 2018
One year of GST: The roller-coaster ride is over and businesses are now prepping to switch to cruise controlIf voluntary courting of GST by SMEs can swell the revenue kitty, robust self-policing can add much more to the government's coffers.
May 22, 2018
GST input tax credit scam worth Rs 450 crore busted; fake bills provider still at largeTo pocket Rs 450 crore, several businesses are said to have issued fake bills worth around Rs 2,500 crore.
Feb 06, 2018
GST bandwagon faces more blocks as states say no to including petroleum productsWhile GST was rolled out on 1 July, real estate as well as crude oil, jet fuel or ATF, natural gas, diesel and petrol were kept out of its purview.
Jan 25, 2018
Govt to soon finalise anti-profiteering rules, working to remove glitches in e-way bills process: CBECOfficial says under GST 15 states have already agreed for smooth implementation of intra-state movement of goods via e-way bills from 1 February
Jan 16, 2018
Restaurant owners want input tax credit back, cut in number of licences ahead of GST Council meetThere are three B2B service industries closely linked with restaurant industry, which are banking, insurance and real estate
Dec 27, 2017
GST collection in Nov falls to Rs 80,808 cr on rate cuts, credit usage; clarity likely only by Q1 of FY19Did the government sent a negative message to tax payers by tweaking the rules and rates multiple times? The decline in compliance indicates so