Finance Minister Discusses Fraud GST Refunds With Chartered Accountants Delegation

Investigations by the CGST Gurugram are going on into the matter of fraudulent GST refunds

Taxpayers who have paid GST on 'Ocean Freight' on imported goods will be entitled to claim refunds, following the Supreme Court verdict

Government sources said that the Supreme Court's verdict on the GST Council does not have any bearing on how GST functions.

In a significant verdict, the Supreme Court Thursday ruled that the recommendations of Goods and Services Tax (GST) Council are not binding on the Union and the states and only have a persuasive value.

The Supreme Court on Thursday, in a significant verdict, ruled that the recommendations of the Goods and Services Tax (GST) council are not binding on the Union and the State Governments.

Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of over Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms.

The panel of ministers tasked to review the GST levy on casinos, race courses and online gaming has finalised its report, which will be taken up in the upcoming GST Council meeting.

"Virtual Digital Assets (VDAs)...not akin to gambling or lottery as being made out," said Aritra Sarkhel, Director for Public Policy at WazirX, on the government mulling a 28 per cent GST on cryptos.

The Congress on Saturday demanded that the Centre extend the GST compensation period for three years, asserting that the states' fiscal position is fragile as never before and this needs urgent remedial measures.

Indian tax authorities are exploring the implementation of a 28 percent goods and services tax (GST) on all cryptocurrency transactions, adding to a 30 percent tax on profits from crypto-asset trading that kicked in on April 1.

The central tax devolution is likely to rise to Rs 9.3 lakh crore in 2022-23 from Rs 8.8 lakh crore in 2021-22

Goods and service tax (GST) revenues in April touched the highest ever level of about Rs 1.68 lakh crore, up 20 per cent from the year-ago period

Senior Congress leader P Chidambaram on Thursday took a dig at the Centre over the Rs 78,704 crore it owes to the states in GST compensation, saying it would be interesting to know why the Finance Ministry "embarrassed" Prime Minister Narendra Modi b

The GST Council has not sought views from states on hiking tax rates, sources said on Sunday.