The Centre will soon notify rules for setting up GST appellate tribunals and appoint members after approval from the GST Council, a senior CBIC official said on Monday.
Central Board of Indirect Taxes and Customs (CBIC) member (GST) Shashank Priya said the department is working to expand the taxpayer base and doing data triangulation with the corporate taxpayers in income tax regime.
As per data, currently, only 40 per cent of the corporate income taxpayer base is also registered under GST.
Source a2ztaxcorp
Latest Posts in "India"
- States Worry Over Revenue Losses Amid GST Rate Rationalisation Proposal by Centre
- Madras HC Advocate Accuses Flipkart of Exploiting GST Loopholes, Urges Government Action
- India’s GST Evolution: From 2017 Launch to 2025 Reforms and Future Prospects
- US imposes additional tariffs on India for buying oil from Russia
- GST Council to Discuss Simplifying Tax Regime, Reducing Levies on Cement, Services, and Insurance