GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is more than Rs 5 crore, the Finance Ministry has said.
Collections from Goods and Services Tax (GST) rose 28 per cent to Rs 1.43 lakh crore in August, the Finance Ministry said on Thursday.
Delhi Chief Minister Arvind Kejriwal on Saturday claimed that the Centre did not have to impose Goods and Services Tax (GST) on food items if the BJP had not spent a whopping Rs 6,300 crore on toppling governments of other parties in the country.
Cancellation charges of railway tickets for a class would attract GST at the same rate as applicable to the class of travel.
The GST investigation authority has asked field offices not to exercise the power to arrest in a mechanical manner and also refrain from summoning senior management officials like CMDs and CEOs.
The government on Friday said GST will not be applicable on residential units if they are rented out to private persons for personal use.
Delhi Chief Minister Arvind today alleged the government led by Prime Minister Narendra Modi has been piling on taxes on the masses but waiving it off for the rich.
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
Earlier, only commercial properties like offices or retail spaces given on rent or lease attracted GST.
As Congress is holding nationwide protests against the central government over the issues of inflation, price rise, Goods and Services Tax (GST) and unemployment, Union Minister Anurag Thakur on Friday hit out at the top brass of the grand old party.
The Congress today will hold a protest against rising prices, unemployment and GST rate hike. In Delhi, the party leaders will march to the Rashtrapati Bhawan.
The Delhi Police issued an advisory saying the traffic movement will be affected in parts of Lutyens' Delhi on Friday as the Congress is all set to stage a mass protest against price rise, unemployment and GST hike.
West Bengal Chief Minister Mamata Banerjee arrived in New Delhi on Thursday on a four-day visit and is scheduled to meet Prime Minister Narendra Modi on Friday to discuss multiple issues, including GST dues for her state.
Rajya Sabha member and Aam Aadmi Party leader Raghav Chadha on Thursday met Union Finance Minister Nirmala Sitharaman to demand a rollback of GST imposed on hotel accommodation.
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