The GST wing of the Central Board of Indirect Taxes and Customs (CBIC) has started issuing GST show-cause notices to several tax-evading entities underpaying taxes. As per reports, the department has issued more than 20,000 notices to the defaulters.
Source: taxscan.in
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System