CA Bimal Jain Archive

Tax on hybrid cars may soon be cut to 35%

To promote hybrid cars in India, the government might soon push for a lower Goods and Services Tax (GST) cess of 25 percent on “strong” hybrid cars which would …

GST commissionerate takes action against tax evasion

Officials of the Central GST Commissionerate, Coimbatore, have initiated investigations against some units for doing only bill trading by way of issuing invoices without supply of goods. Fake invoices …

Lodha Group under lens for GST profiteering

The Director General of Anti-Profiteering (DGAP) has started a probe against Lodha Group for alleged profiteering, sources said. The builder is being investigated for not passing on the benefits …
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