gst registration

CBIC tightens norms for GST registrations

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CBIC tightens norms for GST registrations

The Central Board of Indirect Taxes & Customs (CBIC) has tightened norms for businesses to get registered under the Goods and Services Tax regime following instances of registration using fake documents. The apex indirect taxes body has also directed officials to properly verify documents submitted and to reject applications where applicants fail to provide all … Read more

FIEO suggests government to issue showcause notice to risky exporters for tax refunds fraud

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FIEO suggests government to issue showcause notice to risky exporters for tax refunds fraud

NEW DELHI: The Federation of Indian Export Organisations (FIEO) has suggested the government to issue suitable show cause notices to ‘risky exporters’ who have fraudulently claimed refunds under integrated goods and services tax (IGST) but are untraceable now. “Government should further proceed in the matter by immediately issuing them suitable show cause notices. If they … Read more