The Centre has detected goods and services tax (GST) evasion worth Rs 824.14 crore by crypto exchanges, such as Binance, WazirX, CoinDCX, and CoinSwitch Kuber, the Lok Sabha was informed.
CII Eastern Region, today, facilitated an interactive session with Shrawan Kumar, IRS, chief commissioner, CGST & Central Excise Kolkata and Manoj Kumar Kedia, IRS, principal commissioner, CGST & Excise Kolkata, with various industry stakeholders in Kolkata.
The GST Council will hold its next meeting in Rajasthan’s Jaisalmer on December 21, during which it is likely to take a decision on exempting or lowering the GST rate on health and life insurance.
It is the eighth consecutive month when GST collections stayed above the Rs 1.7 lakh crore mark.
The officials from the Kerala Goods and Services Tax (GST) department have seized 104 kg of unaccounted gold valued at around Rs 75 crore in massive raids across gold jewellery-manufacturing units, wholesale outlets and residences in Thrissur district. The raids began on Wednesday and concluded on this morning.
India’s Goods and Services Tax (GST) collections surged by a robust 10.3 per cent to Rs 1.82 lakh crore in July compared to the same month of the previous year, according to official data released on Thursday.
Politicians can’t afford to have long memories but it was quite amusing to see Congress leaders cry hoarse over the packages given to Andhra and Bihar in the Union budget as “pakodas and jalebis” given to two states while depriving all others.
Neelam Bharti, the wife of GST Assistant Commissioner Santosh Kumar Bharti, committed suicide by hanging herself at her house in Lucknow on Saturday, the police said.
The Modi 3.0 government will present its first full budget on July 23.
These states, which account for over 90 per cent of India’s gross state domestic product, grew at 7.5 per cent last fiscal, according to the CRISIL Ratings report.
