Ex Bengal Minister Says Rs 1.25 Lakh Crore GST Fraud, Cites Centre's Data

The GST Council is the only institution in the country today which is totally federalist, Mr Mitra further argued, saying ministers of 31 states and union territories are part of the council, chaired by the Finance Minister of India.

Congress leader Rahul Gandhi today said Ludhiana's small and medium businesses can compete with China if they are given adequate support even as he attacked the Punjab government and the Centre for not supporting them.

Congress leader Rahul Gandhi on Friday launched a scathing attack on the BJP-led government at the Centre over a host of issues, including the Agnipath scheme and GST.

A Delhi Court has granted bail to an accused allegedly involved in wrongfully passing input credit of GST amounting to Rs 19 crores.

From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage only, the CBIC has said.

Former Union finance secretary Hasmukh Adhia, who is credited with the successful implementation of the Goods and Services Tax (GST), has been appointed as the chief advisor to Gujarat Chief Minister Bhupendra Patel, an official said on Tuesday.

The Central Bureau of Investigation (CBI) has arrested a Superintendent of Central Goods and Services Tax (CGST), Anti-Evasion Unit, Vashi, Navi Mumbai in an alleged bribery case.

Thousands of farmers held a rally here on Monday under the banner of RSS-affiliated Bharatiya Kisan Sangh (BKS) to press for a rollback of GST on agricultural goods and other demands.

The Goods and Services Tax (GST) Council on Saturday decided to have a single definition across all states in the country for sports utility vehicles, attracting a higher tax rate.

The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.

The Directorate of Enforcement is investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday. The ED has attached proceeds of crime in cases related to cyber and crypto assets frauds.

A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.

At the Rajwada palace, Rahul Gandhi again attacked the central government, saying, "What the Chinese army couldn't do to India has been done by demonetisation and a flawed GST".

Cellular Operators' Association of India (COAI)has urged the government for rationalisation of GST, reduce of licence fee to 1 percent from 3 percent and sought a waiver of customs duty on network equipment for the 5G rollout. During the pre-Budget discussions, the telecom operators' body also sought the removal of GST on the licence fee, spectrum usage charges and pa...