Gst Electronic Credit Ledger

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Block ITC only on basis of evidence, GST officers told

The CBIC has come out with guidelines on blocking of tax credit by GST field officers, saying that such blocking should be on the basis of 'material evidence' and not just out of 'suspicion'. The......

GST technical glitches behind input tax credit frauds: CAG

CAG recommended fixing a definite time frame for rolling out simplified GST return forms. Illustration: Dominic Xavier/Rediff.com The Comptroller and Auditor General (CAG) of India has found that......

1% GST in cash for cos earning over Rs 50 lakh

Businesses with monthly turnover of over Rs 50 lakh will have to mandatorily pay at least 1 per cent of their GST liability in cash, the finance ministry said as it moved to curb evasion by fake......

Govt starts audit of FY18 GST returns

The instruction is that audit of large units be completed within seven working days, of medium units in five working days and of small ones in three. Illustration: Dominic Xavier/Rediff.com Amid a......

PMO steps in to speed up GST refunds for exporters

The GST Council on Saturday is expected to extend the date for IGST exemption and cess on imports Taking note of slowing exports growth, the Prime Minister’s Office (PMO) has called a......

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Gst Electronic Credit Ledger

News for Gst Electronic Credit Ledger

Block ITC only on basis of evidence, GST officers told

GST technical glitches behind input tax credit frauds: CAG

1% GST in cash for cos earning over Rs 50 lakh

Govt starts audit of FY18 GST returns

PMO steps in to speed up GST refunds for exporters

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