GST Officials Detect Rs 830 Crore Tax Evasion By Delhi-Based Tobacco Factory

The GST department has unearthed Rs 831 crore tax evasion by an unregistered gutkha manufacturing unit in the national capital.

Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in Cuttack, an official said on Friday.

The CBI has arrested three GST officials and a private individual in a Rs 10-lakh bribery case involving tax issues of an Odisha-based education trust, officials said Wednesday.

A small, rusted metal bowl, two wooden spoons and a wooden fork -- once used by Mahatma Gandhi -- will be sold at an auction in Bristol, United Kingdom, on January 10 at an opening price of GBP 55,000 which, after adding auctioneer's commission, GST, insurance, freight and Indian customs duty on import of antique items would all add up to Rs 1.2 crore.

The Directorate General of GST Intelligence (DGGI) has arrested two proprietors of trading firms from Aurangabad in Maharashtra in connection with alleged fraudulent transactions of over Rs 170.35 crore, as per an official release.

Supreme Court Thursday held that the levy of Goods and Services Tax (GST) on lotteries, betting and gambling does not amount to hostile discrimination and is not violative of right to equality under the Constitution.

AMD Radeon RX 6800 XT graphics card will cost Rs. 64,990 (SEP) in India. This price is exclusive of GST. But the company has not shared exact dates for its availability.

The COVID-19 situation in West Bengal is being addressed aptly, Chief Minister Mamata Banerjee told Prime Minister Narendra Modi during a video conference today, an official said.

The law committee of the goods and services tax (GST) council will meet on Wednesday in Delhi to discuss invoice frauds, tightening of registration process and consider amendments in the GST law, Finance Ministry sources have said.

West Bengal Finance minister Amit Mitra has written to Union Finance minister Nirmala Sitharaman urging her to convene a meeting of the GST Council for discussions on Centre's borrowings to meet the collection shortfall.

Citing a rise in GST collections, highest manufacturing Purchasing Managers' Index (PMI) and data of other economic parameters for October, the BJP on Tuesday said the figures show that under the leadership of Prime Minister Narendra Modi the country's economy is moving in the right direction and is on an upward trend.

Maruti Suzuki India Ltd, India's biggest carmaker, said on Thursday there was no immediate need for the government to cut taxes (GST) on cars to boost sales even as it warned of uncertainty in demand after December.

The amendment notified by the Road, Transport and Highways ministry will help the physically challenged citizens properly avail various benefits and financial incentives available while purchasing a new vehicle.

The home-grown automaker, Tata Motors has recently stated that any kind of support from the Government of India towards GST reduction would help the passenger vehicle segment immensely.