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How govt plans to fast-track distribution of Covid vaccine

The government has allowed import and export of COVID-19 vaccines without any value limitation, in order to ensure speedy clearance and distribution. The Central Board of Indirect Taxes and......

1% GST in cash: FinMin clarifies on why it was necessary

This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source. Illustration: Uttam......

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......

GST e-invoicing mandatory from Jan 1 if turnover exceeds Rs 100 cr

The government has notified mandatory requirement of e-invoicing for B2B transactions for businesses with a turnover over Rs 100 crore with effect from January 1, 2021. Illustration: Dominic......

GST annual return filing deadline extended till Oct 31

The government has extended the deadline for filing GST annual return and audit report for the 2018-19 fiscal year by a month, till October 31. Illustration: Dominic Xavier/
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  Web results for Cbic
Govt extends last date for annual GST filing till March-end for FY 20

"In view of the difficulties expressed by the taxpayers in meeting this time limit, government has decided to further extend the due date for... ...
Ministry of Corporate Affairs signs pact with CBIC for data exchange

The memorandum of understanding (MoU) will facilitate the sharing of data and information between MCA and CBIC on an automatic and regular basis,... ...
CBIC addresses IGST refund issues of exporters

"It is seen that a considerable number of exporters have been facing difficulties in getting their IGST refund sanctioned either due to lack of... ...
Gujarat HC bars CBIC from making spot recovery during inspections

"No recovery in any mode by cheque, cash, e­payment or adjustment of input tax credit should be made at the time of search or inspection... ...
Buying house? Broker to ask funds source, KYC

If you are looking to buy a house, then your real estate broker will ask you to undergo KYC process and provide information about the source of the... ...

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