All eyes are on chief minister Basavaraj Bommai as he heads a group of ministers on rate rationalisation in the hope that it will lower the Centre’s proposed 12% …
Mumbai-based Suumaya Group is under the scanner for alleged GST evasion. Shares of the company have been tumbling for days and hit the lower circuit on Tuesday. CNBC-TV18 learns …
Higher Education Minister K. Ponmudi has written to Union Finance Minister Nirmala Sitharaman, urging her to exempt educational services from the Goods and Services Tax (GST). In his letter, …
A division bench of Kerala High Court on Wednesday said it was not satisfied with the reasons pointed out by the Centre and the GST Council on why petroleum …
In a major reprieve to traders ahead of the assembly polls, the Punjab Cabinet on Wednesday decided to exempt about 1.50 lakh cases from assessment related to cases of …
The 45th GST Council has decided not to include petrol and diesel and ATF under GST until India overcomes the COVID-19 pandemic. Government officials told CNBC-TV18 that the call to …
The Centre is committed to compensate states for five years for the revenue loss due to GST implementation as provided in the statute, Finance Minister Nirmala Sitharaman said on Tuesday. The GST Constitutional …
The Central Board of Indirect Taxes and Customs (CBIC) has since last November detected ₹38,000 crore of bogus claims from businesses for input tax credit in a technology and data …
The South India Hosiery Manufacturers Association (Sihma) urged Centre to roll back the revised GST rate on apparel items. In a letter to the Union finance minister, Sihma members …
CNBC-TV18 has learnt that the Mumbai GST zone has detected tax evasion of Rs 265 crore by JSW Steel. GST authorities claim that JSW Steel had wrongly availed input tax …
