Acknowledge the Impact of GST on Cars

Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.

The Delhi government's Goods and Services Tax (GST) department on Saturday unearthed a Rs 347-crore "fake billing scam" involving 11 firms and one person was arrested in connection with it, according to an official statement.

After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.

After the massive tax evasion of GST by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence has come down heavily on Cryptocurrency exchanges operating in the country, said sources.

Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.

GST Mumbai East Commissionerate detected a GST evasion worth Rs 40.5 crores and recovered Rs 49.2 crore in cash pertaining to GST evaded, interest, and penalty from the cryptocurrency exchange WazirX.

Food ordering from platforms including Swiggy and Zomato may become costlier soon as a new tax rule is coming into force starting January 1. Under the rule, food aggregators will be required to collect a five percent Goods and Services Tax (GST) from restaurants for their food items.

Several markets dealing with garment business in Delhi remained shut on Thursday in protest against the central government's proposed move to hike GST rates on textile from existing 5 per cent to 12 per cent from January 1.

The Directorate General of GST Intelligence on Thursday refuted rumours about its proposed handling of the Rs 197.49 crore cash and 23 kg of gold (worth an estimated Rs 11 crore) recovered last week during tax raids on UP businessman Piyush Jain.

The raid on Uttar Pradesh businessman Piyush Jain is not a case of mistaken identity, sources in the agency that investigates GST evasions said after the unearthing of heaps of unaccounted cash from his premises made national headlines.

A team of Directorate General of GST Intelligence (DGGI), Lucknow Unit visited the office and residence of another Kanpur-based businessman late on Tuesday for the verification of tax evasion allegations.

The Directorate General of GST Intelligence (DGGI) on Wednesday concluded the raids at businessman Piyush Jain's residence in Uttar Pradesh's Kannauj.

The Directorate of Revenue Intelligence (DRI) has been roped after the Directorate General of GST Intelligence (DGGI) recovered approximately 23 kg of gold from the factory premises of Kanpur-based businessman Piyush Jain on Monday.

UP IT Raid, Piyush Jain: Tax raids on Uttar Pradesh businessman Piyush Jain, who is part of the perfume industry, have so far recovered Rs 194.45 crore in cash and 23 kg in gold, the Directorate General of GST Intelligence (DGGI) said Monday.