Singapore Jeweller Fined For Conspiring With 5 Indian Tourists To Cheat On GST: Report

A jewellery firm director was fined SGD104,400 on Wednesday for conspiring with five Indian tourists to unlawfully obtain goods and services tax (GST) refunds that they were not entitled to.

The CBI has arrested a senior intelligence officer, working in the office of the Directorate General of GST Intelligence (DGGI) in Ghaziabad, for allegedly taking a bribe of Rs 60 lakh, officials said on Sunday.

Maharashtra Deputy Chief Minister Ajit Pawar on Wednesday rejected the demand of BJP legislators to make "The Kashmir Files" tax-free in the state, saying if the Centre waives GST on the movie, it will apply to the entire country.

Pizza was among the top trends on Indian Twitter, and the reason was that pizza toppings were said to attract a higher GST at 18%.

Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.

A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.

The Central Goods and Services Tax (CGST) Commissionerate in Navi Mumbai on Wednesday said it has busted a racket of fake input tax credit (ITC) invoices worth Rs 21 crore and arrested the proprietor of a firm.

The Maharashtra GST department has arrested a couple from Surat in neighbouring Gujarat for tax evasion and an input tax credit (ITC) fraud of over Rs 450 crore, an official said on Friday.

By offering subsidies, incentives, and advantages to customers and the EV sector as a whole, the Indian government has sown the seed for electric vehicles.

The owner of a steel company in Maharashtra's Thane district has been arrested for allegedly availing input tax credit using fake invoices to the tune of Rs 60 crore, an official said on Thursday.

The government will infuse Rs 44,720 crore into loss-making state-owned telecom firm BSNL in the next financial year, according to Budget documents.

The Aam Aadmi Party (AAP) on Monday raised the Pegasus spyware issue at an all-party meeting and demanded a discussion on it during the Budget Session of Parliament.

FADA has given its recommendations to the Ministry Of Finance, to assist the automotive industry, as well as provide relief in the used-vehicle space.

Finance Minister, Nirmala Sitharaman will be announcing the union budget for FY2023 on February 1, 2022, and like all other industries, the auto sector is also eagerly waiting to see what is in store for them.