‘Termed Risky Exporters’ who Claimed IGST Worth 1875 Crores Remain Untraceable Leading to License Suspension of 56 Linked Custom Brokers

CBIT identify fraud claims worth 1875 crores by exporters. The cases remain untraceable, leading to the…

Import Consignments Held at Ports Will Hit India Not China: Nitin Gadkari

Nitin Gadkari urges the finance minister to remove blockade for release of goods at ports as…

GST Input Tax and Refund Frauds a Concern: CBIC

Fraudulent input tax credit claims have become a headache for the tax administration. GST input tax…

Electronically Readable GST E-invoice from 1st of January 2020

E-Invoice on GST system from 1st January 2020 will enable auto-population of e-way bills and GST…

Faceless Assessment of Cargo to be Implemented soon by Customs in India

Customs plans to implement faceless assessment of cargo in the next few months. This will certainly…

Deadline for GSTR-9 and GSTR-9C Extended

CBIC extended the deadlines for GSTR-9 and GSTR-9C to December 31st 2019 for FY 2017-18 and…

Mandatory for GST Payers to Furnish CBIC-DIN From 8th November 2019

All communications with CBIC must now generate a Document Identification Number (DIN) from November 8th. CBIC-DIN…