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Proposal to integrate a FASTag Bank Mechanism with e-way bill
25 June 2019 at 11:16The Government proposes to integrate a FASTag Bank Mechanism with e-way bill and Logistic Data Services to track movement of goods and check GST evasion. The Government is contemplating integration of E-Way Bill mechanism of GST with FASTag System of
6,49,39,586 Income Tax e-returns filed in 2018-19
25 June 2019 at 11:16There is a marked increase in the number of income tax filed through e-filing. The number of e-Returns submitted for Assessment Year 2018-19 is 6,49,39,586 as against 5,47,30,304 e-Returns filed for the Assessment Year 2017-18, thereby marking a rema
Printing process for General Budget 2019-20 commences with Halwa Ceremony
24 June 2019 at 11:57Halwa ceremony marking the commencement of Budget printing process for the General Budget 2019-20 was held in North Block here today afternoon in the august presence of the Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman.
One person arrested for taking 16 crore fraudulent ITC credit
24 June 2019 at 11:57The Directorate General of GST Intelligence Hqrs. arrests one person in connection with the taking by two firms ITC fraudulently to the tune of more than Rs.16 CroreThe Directorate General of GST Intelligence Hqrs. (DGGI Hqrs.) has arrested one perso
Important issues to keep under consideration by AO while framing assessment
24 June 2019 at 11:57Circular No. 12/2019 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 19th of June, 2019 Subject: 'Assessment of Firms'- some of the important issues to be kept under cons
Notification on blocking of e-way bill postponement to 21st August
24 June 2019 at 11:57[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 25 /2019 – Central TaxNew Delh
Decisions taken by GST council in 35th meeting
21 June 2019 at 20:30GST Council decisions on rate changes on supply of good and servicesThe 35th GST Council Meeting was held here today under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the C
NABARD invites applications for appointment of internal auditor
21 June 2019 at 11:56NABARD Consultancy Services Private Limited (NABCONS)A Wholly owned subsidiary of NABARDAn ISO 9001:2015 CompanyNABARD Consultancy Services Private Limited invites applications for the appointment of Internal Auditor at Corporate Office, Delhi. Terms
Result of examination for GST practitioners held on 14 June 2019
21 June 2019 at 11:56RESULT OF EXAMINATION OF GST PRACTITIONERS HELD ON 14.06.2019 National Academy of Customs, Indirect Taxes and Narcotics (NACIN) has conducted examination for confirmation of enrollment of Goods and Services Tax Practitioners (GSTPs) in terms of secon
Manual checks introduced in IGST refunds aimed at curtailing fraud in exports
20 June 2019 at 18:41CBIC would assure all genuine exporters that they would continue to get their IGST refunds in a timely manner in a fully automated environment Some newspapers have today highlighted a perceived set-back to the automated process of refunds for exporte
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