Goods can be impounded for lapses under GST, says Kerala High Court
Authorities impounded a car being sent by a dealer from Puducherry to Thiruvananthapuram for personal use of his customer without an...


Finance ministry rubbishes charge of stuck GST claims worth Rs 23,000 crore
NEW DELHI: The finance ministry on Friday dismissed as “exaggerated” and “inaccurate” exporters’ contention that about Rs 23,000 crore of...


Haryana tax dept issues circular, asks officers to block input GST credit
The indirect tax department in Haryana has issued a circular, asking field officers to block input tax credit on certain conditions...


GST collections cross Rs 1 lakh crore in October
GST collections in October crossed the Rs 1 lakh crore mark, after a gap of 5 months, on the back of festive demand, anti-evasion...


Mumbai: Vikhroli businessman, four others held for Rs 440-crore GST credit fraud
MUMBAI: Five people, including the director of a Vikhroli-based company, have been arrested by central GST officials for fraudulently...


Pricing strategies of 50 companies under NAA lens
The anti-profiteering body under the goods and services tax framework is seeking details on pricing strategies from consumer goods...


GST anti profiteering clause puts FMCG firms in a fix
New Delhi: With input costs remaining high, manufacturers of consumer packaged goods have had little choice so far but to increase prices...


Mumbai: GST relief can make cruise ship tickets 50% cheaper
MUMBAI: The Indian National Cruise Lines Association (INCLA) wants the government to give tax waivers to halve the price of tickets for...


GST update: FinMin issues clarification on last day of availing Input Tax Credit; here’s what you mu
The Finance Ministry on Thursday clarified that the last date for availing Input Tax Credit (ITC) under the Goods and Services Tax for...


Companies rush to match input tax credit with vendor returns
NEW DELHI: Indian companies are scrambling to retain hundreds of crores of input tax credit for last financial year under the Goods and...

