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Gujarat GST Commissioner’s land purchase exceeding 600 acres in Maharashtra comes under scanner

Gujarat’s GST commissioner Chandrakant Valvi, presently serving at Ahmedabad, has purchased land at village in Kandati Valley, Satara District in Maharashtra, of more than 600 acres. It has become news sensation. Valvi hails from Nandurbar and currently post as Chief Commissioner of GST in Ahmedabad, Gujarat. He has purchased land of entire village of Jhadani […]

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GST Department Raids in metropolitan cities of Gujarat state; Tax Evasion of Rs 5 crores found

GST Goods and Service Tax department raids in metropolitan cities of Gujarat state. GST raids cities including Ahmedabad, Vadodara, Surat and Rajkot. GST Department raids on more than 100 restaurants. GST investigation is going on for last two days. In GST investigation it is revealed that tax evasion of Rs 5 crores was found.

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Rebate in GST rates in medicine and medical facility by government

Today GST Council led by Gujarat finance minister Nitin Patel has approved a reduction in rate for Remdesivir from 12% to 5%. No tax on Tocilizumab, AmphotericinB medicines. Also GST rates brought down to 12 % from 28 % for Ambulances, GST rates on the specified items being used in COVID19 relief and management till […]

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Relief Steps by FM Nirmala Sitharaman over Coronavirus effect

FM Nirmala Sitharaman Announcements today on Compliances (24.03.2020): 1. INCOME TAX – Last date of filing Income Tax Return FY 2018-19 increased to 30.06.2020 – Interest Rate delayed payment reduced from 12% to 9% – Delayed deposit of TDS interest rate 9% till 30.06.2020 2. Due date extended to 30.06.2020 – Aadhar- Pan Linking – […]