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Total 199 results found. Search for [ cbic ]

Results 1 to 21 of 199
BusinessToday.In
New Delhi, January 18, 2020
The Central Board of Indirect Taxes and Customs had extended the deadline to January 17 from the earlier January 10 deadline


Dipak Mondal
New Delhi, January 17, 2020
Department of Revenue has also sent alerts to around 40,000 companies for excess ITC, availing it fraudulently and other tax-related wrongful issues


BusinessToday.In
New Delhi, January 7, 2020
The slew of measures include curbing fraud and evasion cases, checking fake or huge input tax credit claims, linking foreign exchange remittances with IGST refund and seeking bank account details of businesses to tally with their filings


Dipak Mondal
New Delhi, January 7, 2020
As many as 7,100 cases, accounting for Rs 1.7-lakh crore tax litigations, are yet to make up their mind on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019; the deadline to avail the scheme is January 15


BusinessToday.In
January 5, 2020
The Central Board of Indirect Taxes and Customs reportedly used data analytics to tally data with the Income Tax Department, and under Goods and Services Tax regime and customs to nab the exporters who fraudulently claimed GST refunds


BusinessToday.In
New Delhi, January 2, 2020
In wake of strong response of the taxpayers, the last date for the tax dispute resolution-cum-amnesty scheme has been extended for a period of fifteen days, till 15 January 2020


PTI
Panaji, December 31, 2019
Chief Minister Pramod Sawant chaired a meeting of Finance and Commercial Taxes departments to review implementation of the Goods and Services Tax and revenue augmentation in Goa


Dipak Mondal
December 30, 2019
As the Council now needs to find ways to enhance revenues through GST, next year could see the Council deliberating on hiking GST rates on certain items


PB Jayakumar
December 30, 2019
The USFDA's Office of Manufacturing Quality (OMQ) at the Centre for Drug Evaluation Research (CDER) evaluates compliance with cGMP for drugs based on inspection reports and evidence gathered by USFDA investigators


Niti Kiran
December 30, 2019
On a cumulative basis, forex reserves have risen by $43 billion until 20 December, 2019 compared to a fall of $12.5 billion during FY19. It had risen by $54.4 billion in FY18


Joe C Mathew
December 30, 2019
In a memorandum to Prime Minister Narendra Modi on December 27, FISME complained that under the existing CIRP rules, MSME suppliers are treated as Operational Creditors and in the current scheme of things their dues are at the bottom of priority


Joe C Mathew
December 30, 2019
The organisation called for proper implementation of the existing labour laws, especially the one that prescribes minimum wages for workers


BusinessToday.In
New Delhi, December 30, 2019
As of now, refunds of only Rs 3,604 crore are pending with CBIC and out of about 185,000 exporters, a total of 6,421 exporters (about 3.4 per cent only) including some 'star exporters' have been identified as risky and hence, red flagged


BusinessToday.In
New Delhi, December 30, 2019
'Operation Twist' is RBI's simultaneous selling of short-term securities and buying of long term securities through open market operations (OMO)


BusinessToday.In
December 27, 2019
With around one crore GST-registered businesses failing file their returns in due time, the new set of norms will allow (GST) authorities to either attach their property or freeze their bank accounts, if the entities do not file their tax returns despite repeated reminders


BusinessToday.In
New Delhi, December 25, 2019
The Grievance Redressal Committee will be constituted for a period of two years and the term of each member will be for the same period


BusinessToday.In
New Delhi, December 24, 2019
CBIC has reiterated that any communication with the electronically generated DIN will be treated as invalid and deemed to have never been issued


Ajita Shashidhar, Dipak Mondal and Joe C Mathew
New Delhi, December 24, 2019
Businesses across the country are indulging in large GST violations. No wonder there is a huge shortfall in collections


BusinessToday.In
New Delhi, December 17, 2019
In the meeting, it was clarified that corporate tax relief worth Rs 1.45 lakh crore will not be entertained as an excuse for downturn in direct tax revenue


PTI
December 9, 2019
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year


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