Gst Network

The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of such invoice with effect from May 1, GST Network has said.

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 ...

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.

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 officers of CGST Commissionerate, Delhi East unearthed a network of fictitious exporters who were availing and utilizing fake Input Tax Credit (ITC) of Rs 134 crore under the Goods and Services Tax (GST)

In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST), an official statement said.

In past, glitches in the return filing system of GST Network were reported on the last day of filing of returns and trade and industry had to face problems.

The GST Network has also decided to complete online refunding from September 24 from the central GST or the state GST.

50% stake of GSTN will be owned by Centre and the remaining by states on pro-rata basis in the new structure, says Finance Minister Arun Jaitley.

The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers Chairman Sushil Kumar Modi today.

It is a misconception that bringing petroleum products under the Goods and Services Tax, or GST, will lead to lower fuel prices, Bihar's Deputy Chief Minister Sushil Kumar Modi said on Saturday.

GST Council on Friday approved making the GST Network a government entity by taking over 51% stake held by private entities

The e-way bill introduced under the GST regime will apply to inter-state transportation of goods worth over Rs 50,000 through road

The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of such invoice with effect from May 1, GST Network has said.

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 ...

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.

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 officers of CGST Commissionerate, Delhi East unearthed a network of fictitious exporters who were availing and utilizing fake Input Tax Credit (ITC) of Rs 134 crore under the Goods and Services Tax (GST)

In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore.

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST), an official statement said.

In past, glitches in the return filing system of GST Network were reported on the last day of filing of returns and trade and industry had to face problems.

The GST Network has also decided to complete online refunding from September 24 from the central GST or the state GST.

50% stake of GSTN will be owned by Centre and the remaining by states on pro-rata basis in the new structure, says Finance Minister Arun Jaitley.

The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers Chairman Sushil Kumar Modi today.

It is a misconception that bringing petroleum products under the Goods and Services Tax, or GST, will lead to lower fuel prices, Bihar's Deputy Chief Minister Sushil Kumar Modi said on Saturday.

GST Council on Friday approved making the GST Network a government entity by taking over 51% stake held by private entities

The e-way bill introduced under the GST regime will apply to inter-state transportation of goods worth over Rs 50,000 through road