'Pizza' Trends On Twitter After Pizza Toppings Said To Attract 18% GST

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.

GST officers have busted a syndicate involved in the creation of fake firms and bogus invoices which led to a GST evasion of Rs 362 crore, the finance ministry said on Thursday.

GST officers have arrested one person for operating a syndicate and issuing fake invoices of Rs 4,521 crore for availing input tax credit (ITC) benefit under goods and services tax, an official statement said on Friday.

A joint commissioner of the Goods and Services Tax (GST) went missing from his office in Mumbai's Mazgaon area on Wednesday, police sources said.