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.
Vice President Jagdeep Dhankhar on Thursday said that the country has transitioned from its 'tryst with destiny' to embracing 'tryst with modernity' following the introduction of the Goods and Services Tax (GST).
The Goods and Services Tax (GST) authorities have slapped notices to a host of online gaming firms like Dream11 for alleged short payment of taxes, it said.
The Centre has said that there should be at 28 per cent GST on online gaming industry starting from October 1 even as the industry has raised concerns on the applicable GST Rates.
The passenger ferry service from Nagapattinam here to Sri Lanka is scheduled to start on Saturday, an official of the Nagapattinam Shipping Harbour Department said.
In the world of taxation, ambiguity often gives rise to disputes that can have far-reaching consequences.
