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Revenue department to set up committee to deal with bogus e-way bills

Sunday, February 17, 2019, 6:45 PM

The revenue department is planning to set-up a committee of tax-officers to suggest steps-to-deal with bogus e-way bills. Many instances of bogus e-way bills and fake-invoices have come to notice of CBIC since April last year. "Instances on bogus e-way bills based on fake invoices have been detected since April and the tax evasion involved worked out to about Rs.5,000Cr," an official told PTI.
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Domino's operator fined for not passing GST benefit

Tuesday, February 5, 2019, 5:23 PM

The GST anti-profiteering authority has found Domino's Pizza India's operator, Jubilant FoodWorks, guilty of not passing Rs.41.42-crore GST cut benefit to consumers during November 2017-May 2018. The company has been asked to deposit the illegal gains with the government. This came after a customer complained that prices of items including 'Domino's Stuffed Garlic Bread' weren't reduced despite GST cut.
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GST mop-up rises to Rs 1.02 lakh crore in January

Saturday, February 2, 2019, 2:39 PM

The GST numbers are out. Collections in January rose to Rs.1.02L-crore, the second highest monthly mop-up after April. This is a significant increase from the collection of Rs.94,725 crore in December 2018, and 14% higher than January 2018 collection of Rs.89,825 crore. The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

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