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Yesterday, the rupee had lost 19 paise to close at 67.41 against the US currency

Tax dept clears Rs 7,000 crore GST refunds of exporters

About Rs 14,000 crore of refunds of exporters were stuck due to various mismatches.

9 Jun 2018 11:28 AM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

CBIC sanctions Rs 41,548 crore as GST refunds

This was in compliance with the Centre's commitment to liquidate all pending GST refunds filed till April 30.

21 Jun 2018 11:25 AM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Notice shot off to businesses for less IGST input credit claim

The analytics was conducted based on data between July to March - the first nine months of GST rollout.

8 Jun 2018 12:59 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

No GST refunds for foreigners

Govt asked to provide details on procedures for foreigners to get GST refunds on goods purchased by them in India.

7 Aug 2018 9:11 AM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Banks to pay 3 per cent IGST on gold imports: CBEC

GST is payable at the rate of 3 per cent of the total transaction value of jewellery.

21 Aug 2017 4:16 PM IST

Income-tax sources said more than Rs 5.5 crore unaccounted cash was seized during the raids, besides property documents and jewellery worth over Rs 89 crore.

Customs, IGST collection nearly doubles to Rs 30,000 cr in July

July collections compare to indirect tax collection of over Rs 16,000 crore of the same month of 2016.

4 Aug 2017 7:05 PM IST

Finance Minister Arun Jaitley speaks in the Lok Sabha in New Delhi on Wednesday. (Photo: PTI)

Landmark GST bill passed in Lok Sabha with amendments, despite Oppn...

The House had allotted 7 hours for holding talks on crucial bills that seek to trigger the biggest ever tax reforms.

29 March 2017 8:57 PM IST

Finance Minister Arun Jaitley is the Chairman of the GST Council. (Photo: PTI)

GST Council postpones its Nov 25 meet to Dec 2-3

The states have suggested certain changes relating to returns procedures in model GST law.

23 Nov 2016 3:12 PM IST

Finance Minister Arun Jaitley

GST Council to take up, approve model laws today

Th meeting comprises the Union finance minister and state representatives will discuss law and finalise them.

3 March 2017 4:48 PM IST

Image for representational purpose only

GST deadlock continues over dual control, high sea taxes

Council to meet on Jan 16 again; Centre reasserts its right to tax all goods and services in country.

4 Jan 2017 3:06 PM IST