Some photographs of the alleged raids going viral on various social media platforms showed stacks of cash stuffed in large wardrobes at the residential premises of Jain in Kanpur. Jain runs the perfume-manufacturing units also in Kannauj district, neighbouring Kanpur.
At present, inverters sold across the trade are levied 18 per cent GST on a single voucher issued by the seller.
While businesses file GSTR-1 of a particular month by the 11th day of the subsequent month, GSTR-3B, through which businesses pay taxes, is filed in a staggered manner between 20th-24th day of the succeeding month.
New Delhi/Bhubaneswar: As many as 24 officers and staff of the Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, have been selected this year on the occasion of Republic Day, for grant of Presidential Award of Appreciation Certificate for ‘Exceptionally Meritorious Service Rendered at the Risk of Life’ and ‘Specially Distinguished Record […]
New Delhi: In a big relief to exporters, the government had decided to credit all duty drawback claims made by them within a period of three days. The Central Board of Indirect Taxes and Customs (CBIC) has instructed all zones under its jurisdiction to immediately take necessary action that will facilitate credit of drawback claims […]