Image Source : PTI REPRESENTATIVE IMAGE Gross GST collections in September 2023 stood at Rs 1,62,712 crore, which is 10 per cent higher as compared to last year, according to the data released by the Finance Ministry on Sunday. It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh …
Image Source : PTI/ REPRESENTATIONAL (FILE). Over 12,000 fake entities in GST; CBIC plans biometric authentication, tighter return filing The Central Board of Indirect Taxes and Customs (CBIC) is implementing biometric authentication for risky entities under the Goods and Services Tax (GST) system to combat fraudulent activities. CBIC Chief Vivek Johri revealed that many fraudsters …
Image Source : PTI Union Minister of Finance and Corporate Affairs Nirmala Sitharaman speaks during celebration of 6th Goods and Services Tax Day Nirmala Sitharaman on GST: According to Union Finance Minister Nirmala Sitharaman, the Goods and Services Tax (GST) has brought down tax rates compared to the previous government, resulting in justice for consumers. She …