The court ruled that tax authorities are required to present clear and intelligible reasons and offer an opportunity for a personal hearing when seeking to cancel GST registration
GST additional commissioner's office in Chandigarh has imposed a Rs 13.16 crore penalty on Vodafone Idea, the company said in a regulatory filing on Thursday. According to the filing, the order was passed on January 10 against the debt-ridden telecom firm for alleged "wrongful transition of CENVAT credit to Goods and Services Tax (GST) regime". "Order passed u/s 74 of Central Goods and Services Tax Act, 2017, inter-alia, levying a penalty of Rs 13,16,53,661," Vodafone Idea (VIL) said in the filing. The company said the maximum financial impact is to the extent of the tax demand, interest and penalty levied. "The Company does not agree with the Order and will take appropriate legal action(s) for rectification/ reversal of the same," VIL said. The order was issued by the Office of the Additional Commissioner, Central Goods & Service Tax in Chandigarh.
The company claimed that it is not liable to pay the penalty for the period from October 29, 2019, to March 31, 2022
The West Bengal government has kept in abeyance the order that reduced the "intrastate e-way bill" threshold limit from Rs 1 lakh to Rs 50,000, effective from December 1, a top official said on Thursday. It was done "in the public interest" after representations from stakeholders highlighting some issues related to e-waybills, state GST Commissioner Khalid Anwar said. The mid-November notification that lowered the threshold has been "put in abeyance till further notice with retrospective effect," Anwar told PTI. "Therefore, the limit for intra-state movement remains at Rs 1 lakh With the earlier notification being kept in abeyance, no e-waybill requirement will be there for job work within the state," he said. The move to cut the intrastate e-way bill threshold from Rs 1 lakh to Rs 50,000 was intended to align it with the national standard and prevent GST slippage. The state government had also aimed to achieve parity with the rest of the country (where the threshold for interstat
Revenue for October is second highest monthly collection, next only to April 2022
Says it will build a robust tax system without being intrusive
The Directorate General of GST Intelligence and the CGST Commissionerates have recovered over Rs 700 crore and arrested 215 persons in the last two months in cases related to fake GST invoices
The move is aimed at maintaining social-distancing norms amid the coronavirus pandemic, and WhatsApp has been picked because of its reach and popularity
In a tweet in 2018, Ashoke Pandit had described him as his "younger brother"
The Commissioner GST (Investigation) will deal exclusively with policy issues and legislative matters