GST Policy Wing Cautions Against Sharing Aadhaar, PAN Details Without Valid Reasons

The CBIC on Thursday cautioned the public against sharing Aadhaar and PAN details without a valid reason or for monetary gains, saying that the information could be misused by fraudsters for GST evasion.

The revenue collections from goods and services tax (GST) fell by 5.64 per cent in February to Rs 1.33 lakh crore.

GST officers unearthed a racket of 54 bogus firms involved in fake invoicing of Rs 611 crore involving tax evasion of Rs 38.5 crore.

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.

Government is open to considering the restaurant industry's demand of shifting back to higher GST along with benefit of tax credit on their inputs

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.

Government will discuss inclusion of ATF under GST regime in the next meeting of the council, finance minister Nirmala Sitharaman has said

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.

Finance Minister Nirmala Sitharaman sprung a pleasant surprise in parliament today when she came to the part on goods and services tax, or GST, in her Union Budget 2022 speech.

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.

GST collectionscrossed Rs 1.38 lakh crore in January, a growth of 15 per cent over the year-ago period

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.