Monday, October 29, 2018

DGAP finds Nestle India profiteered Rs 100 cr by not passing on GST rate cut benefit to consumers - Firstpost


Firstpost

DGAP finds Nestle India profiteered Rs 100 cr by not passing on GST rate cut benefit to consumers
Firstpost
New Delhi: An investigation by the Directorate General of Anti-Profiteering (DGAP) has found that FMCG major Nestle India indulged in profiteering of about Rs 100 crore by not passing on GST rate cut benefit to consumers, an official said. The DGAP ...

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Sunday, October 28, 2018

India likely to have 3 GST rates in future: PMEAC Chairman - Knn India


Knn India

India likely to have 3 GST rates in future: PMEAC Chairman
Knn India
New Delhi, Oct 29 (KNN) Government of India is likely to reduce the current four-slab GST rate structure to three as the process of rationalizing India's new indirect tax regime proceeds further, said Prime Minister's Economic Advisory Council (PMEAC) ...

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Diwali Clean Up of P.Y Sales Invoices in GST before 31st October !

Everybody is excited to welcome the festival of Diwali especially the professionals, after a long and tiresome fight against the recent due Dates. Now the final due date before a short break i.e31st October which is the due date to file GSTR-1 for the month of September 2018 is there. Also it is the last GSTR-1 […]

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GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty - Mercom India


Mercom India

GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty
Mercom India
A few months ago, Mercom had reported about how the ongoing delays in GST reimbursement and lack of clarity are affecting solar project developers in India. Today, the situation remains the same. An official at Rays Infra, an EPC services company told ...



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GST 'work in progress', hope rates will be rationalised further, says Pranab Mukherjee - Financial Express


Financial Express

GST 'work in progress', hope rates will be rationalised further, says Pranab Mukherjee
Financial Express
... GST implementation, at this stage, can be described as work in progress and the Council has worked in true spirit of cooperative federalism,” Mukherjee said. After 17 tumultuous years, a nationwide GST was rolled out from July 1, 2017, overhauling ...
GST 'work in progress', hope rates will be rationalised further: PranabBusiness Standard

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DGGI detects GST fraud, says could be 'tip of iceberg' - Moneycontrol.com


Moneycontrol.com

DGGI detects GST fraud, says could be 'tip of iceberg'
Moneycontrol.com
The Directorate General of GST Intelligence's (DGGI's) Pune zonal unit has unearthed a Rs 80 crore "fraud" which is suspected to have been perpetuated through procurement of "bogus invoices" from markets and arrested one person from Mumbai. Modsingh ...
GST Intel Wing Unearths Rs 80 Crore 'Fraud' in Pune, Says Could be 'Tip of the Iceberg'News18
Pune GST unit spots evasion of Rs 79 crore, arrests traderTimes of India

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GST Intel Wing Unearths Rs 80 Crore 'Fraud' in Pune, Says Could be 'Tip of the Iceberg' - News18


News18

GST Intel Wing Unearths Rs 80 Crore 'Fraud' in Pune, Says Could be 'Tip of the Iceberg'
News18
Pune: The Directorate General of GST Intelligence's (DGGI's) Pune zonal unit has unearthed a Rs 80 crore "fraud" which is suspected to have been perpetuated through procurement of "bogus invoices" from markets and arrested one person from Mumbai.
DGGI detects GST fraud, says could be 'tip of iceberg'India.com News
Pune GST unit spots evasion of Rs 79 crore, arrests traderTimes of India
DGGI detects Rs 80 crore GST 'fraud', says could be a tip of the icebergThe New Indian Express

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