Rajasthan GST Officer Arrested For Allegedly Taking Bribe

The Rajasthan Anti-Corruption Bureau on Tuesday arrested a Central Goods and Services Tax (CGST) officer in Bharatpur district with bribe money of Rs 4 lakh, according to an official statement.

As per reports, the GST Council could further cut GST on lithium-ion batteries down to 5% from the current 18%

The accused ran the fake GST input tax credit (ITC) racket by creating a network of around 500 bogus firms using forged documents, addresses and fake identities.

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.

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 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.

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

Chhattisgarh Chief Minister Bhupesh Baghel on Wednesday said that he will discuss issues like Good and Services Tax, Naxal-affected areas and their development and other issues concerning the state during his meeting with Home Minister Amit Shah.

Claiming that there was no internal unrest in the Maha Vikas Aghadi (MVA) government in Maharashtra, Chief Minister Uddhav Thackeray on Saturday said a befitting reply is being given through development works to those trying to topple it.

Indian government announced on Monday that it had recovered over Rs. 95 crore from 11 cryptocurrency exchanges including WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, and UnoCoin in GST evasion cases.

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.