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New Delhi, Sep 30 (SocialNews.XYZ) The government has asked some major e-commerce companies to explain why prices of certain products were raised even after the recent cuts in the goods and services tax (GST). The new GST regime, which came into effect on September 22, simplified the previous multi-tier structure into two main slabs of 5 per cent and 18 per cent. The overhaul aims to reduce the tax burden and bring down prices for consumers. According to reports, one e-commerce platform had a ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is cl ...Read More >
Delhi HC questioned the maintainability of IRS officer Sameer Wankhede's defamation suit against the Netflix series 'The Ba***ds of Bollywood'. Wankhede seeks an injunction for his alleged misleading portrayal, but the court specifically asked if the cause of action arose in Delhi. This query came despite arguments that the series was viewed and reactions emerged from the city. NEW DELHI: Delhi HC on Friday questioned maintainability of the defamation suit filed by IRS officer Sameer Wankhede, ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) The government has received nearly 3,000 complaints from consumers about misleading discounts and unfair pricing practices by retailers after the recent cuts in Goods and Services Tax (GST) rates, Consumer Affairs Secretary Nidhi Khare said on Monday. Speaking at an event, Khare said that complaints are coming in every day, and the ministry is forwarding them to the Central Board of Indirect Taxes and Customs (CBIC) for further action. "Everyday, we are recei ...Read More >
New Delhi: Consumer Affairs Secretary Nidhi Khare on Monday said the government's National Consumer Helpline (NCH) has received close to 3,000 complaints related to GST since the implementation of reduced taxes. "Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action," Khare told reporters on the sidelines of an event. The Consumer Affairs Ministry is cl ...Read More >
The Election Commission of India (ECI) is deploying 470 Central Observers across Bihar and various states for upcoming elections. These observers, comprising General, Police, and Expenditure experts, aim to ensure fair and transparent electoral processes. Their roles are crucial in upholding democratic integrity and enhancing voter participation. The Election Commission of India (ECI) has embarked on a significant deployment of Central Observers to oversee the conduct of elections in Bihar and ...Read More >
Kolkata: The government's recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, experts said. Indirect Tax Expert at LexVed Vedika Agrawal said the GST circular 251 makes it clear that financial or commercial credit notes - those issued without GST - do not require distributors to reverse their input tax credit (ITC). Input tax credit is the tax a business unit pays on i ...Read More >
HYDERABAD: The Election Commission of India (ECI) on Sunday said it has appointed Central Observers to oversee the upcoming byelection in the Jubilee Hills Assembly constituency, as part of a wider deployment across several states. The Commission said observers drawn from the Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Revenue Service (IRS) will monitor the poll process to ensure it is free, fair and transparent. In total, 470 officers -- including 320 IAS, 60 IP ...Read More >
Bhubaneswar: The Election Commission of India (ECI) on Sunday announced the deployment of 470 central observers to oversee the upcoming Bihar Assembly elections and eight bye-elections in various states, including the Nuapada Assembly segment in Odisha. Of the total observers, 320 are officers from the Indian Administrative Service (IAS), 60 from the Indian Police Service (IPS), and the remaining 90 belong to services such as the Indian Revenue Service (IRS), Indian Railway Accounts Service (IR ...Read More >
New Delhi: The Delhi High Court on Friday rejected former Narcotics Control Bureau official Sameer Wankhede's plea against Shah Rukh Khan's son Aryan Khan directed Netflix show, 'The Ba***ds of Bollywood'. The court ruled that the defamation suit is not maintainable but allowed Wankhede to amend and refile his petition. Wankhede had filed the defamation suit in the Delhi High Court on Friday against global streaming platform Netflix, production house Red Chillies Entertainment, owned by Shah R ...Read More >
* Ex-NCB officer Sameer Wankhede moves Delhi High Court over Aryan Khan's Ba***ds of Bollywood series * Wankhede, who arrested Aryan Khan on a false drugs charge in 2021, claims damages over his portryal * He has sought Rs 2 crore for alleged malicious depiction of himself and the federal anti-drugs body Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Ex-Narcotics Bureau officer Sameer Wankhede - the centre of a massive row in October 2021 after he arrested Bollywood ...Read More >
New Delhi, Sep 16 (PTI) Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, the CBIC said on Tuesday. The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of FAQs clarifying on the taxation of various goods and services when the new GST slabs kick in from September 22. The GST Council in its meeting on September 3 had decided to ex ...Read More >
New Delhi, Sep 15 (PTI) The Supreme Court on Monday noted that a special investigation team (SIT) it appointed to look into the affairs of Vantara had given a clean chit to the zoological rescue and rehabilitation centre in Gujarat's Jamnagar. A bench of Justices Pankaj Mithal and P B Varale took the SIT's report on record and observed the probe team's satisfaction on the compliance and regulatory measures in Vantara. The top court on August 25 constituted a four-member SIT headed by a former ...Read More >
The CBIC has clarified that businesses receiving post-sale discounts via credit notes without tax adjustments don't need to reverse input tax credit (ITC). This circular aims to reduce uncertainty and disputes regarding post-sale discounts under GST. GST will only apply to promotional activities with separate agreements and defined consideration, providing clarity on ITC entitlement and tax liability. Businesses receiving post-sale discounts in the form of financial or commercial credit notes w ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, an ...Read More >
CHENNAI: The Indian government has directed businesses to submit monthly reports on the maximum retail price (MRP) of 54 essential consumer goods, starting from September 22, 2025. This step is aimed at ensuring that the benefits of the recent Goods and Services Tax (GST) rate cuts are passed on to consumers and to prevent any unfair price increases by companies. The Central Board of Indirect Taxes and Customs (CBIC) has instructed Central GST field offices through a Friday notification to clos ...Read More >
Auto companies have urged the government to allow either an adjustment of accumulated cess with tax liabilities or a refund, warning that otherwise the credits will have to be reversed in their accounting books. Automobile manufacturers are staring at a potential write-off of around ₹2,500 crore in accumulated compensation cess credits, which will lapse on September 22 when the new GST 2.0 rates take effect, as per PTI. Currently, automobiles attract GST at 28 per cent -- the highest slab -- p ...Read More >
New Delhi, Sep 12 (PTI) The Supreme Court-appointed SIT probing the affairs of Vantara, a zoological rescue and rehabilitation centre in Gujarat's Jamnagar, on Friday submitted a sealed cover report. A bench of Justices Pankaj Mithal and P B Varale took the report on record after the SIT counsel headed by former top court judge Jasti Chelameswar, submitted the report. "The SIT formed by this court has submitted a report in a sealed cover along with a pen drive which also contains the report as ...Read More >
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral social media message that falsely claimed new GST transition benefits would take effect from September 22, 2025. According to the misleading message, the changes would cover areas such as unutilised cess credit, ITC on exempt supplies, and new price adjustment provisions. The CBIC clarified that these claims are factually incorrect and misleading, urging citizens, trade bodies, and businesses to rely only on ...Read More >
Mumbai Customs has arrested a traveller at the international airport here for allegedly trying to smuggle 15 kg of hydroponic weed with an estimated value of Rs 14.73 crore, officials said. The contraband was concealed in a packet labelled as 'Diplomatic Pouch of Ministry of External Affairs', officials said on Sunday. The traveller had landed at the Chhatrapati Shivaji Maharaj International Airport from Bangkok, an official said. "During the examination of his baggage, Customs officials reco ...Read More >
Mumbai: Man held at airport with marijuana worth Rs 14.73 cr concealed in 'diplomatic' cargo Mumbai Customs arrested a traveller from Bangkok at the international airport for smuggling 15 kg of hydroponic weed worth Rs 14.73 crore. The drugs were hidden in a bag marked as a "Diplomatic Pouch" of the MEA, complete with fake seals and documents. A case has been filed under the NDPS Act. Mumbai Customs has arrested a traveller at the international airport here for allegedly trying to smuggle 15 k ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provi ...Read More >
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provi ...Read More >
Patna: The Central Bureau of Investigation (CBI) on Wednesday formally arrested Aditya Saurabh, an Indian Revenue Service (IRS) officer, along with an income-tax inspector and a multi-tasking staff (MTS) member in Patna in connection with a bribery case involving Rs 2 lakh. All three were remanded in three days' CBI custody by the CBI special court-1 in Patna.According to CBI sources, Aditya Saurabh, a 2021-batch IRS officer, is currently serving as assistant director in the income-tax Departmen ...Read More >
Kapil Raj, a former Enforcement Directorate officer, has resigned after 16 years of service. He oversaw the arrests of Hemant Soren and Arvind Kejriwal. Raj, an Indian Revenue Service officer, cited personal reasons for his decision. He supervised high-profile investigations, including those involving Nirav Modi and Mehul Choksi. Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after servin ...Read More >
Exporters can now hand-carry jewellery in their bags which are meant for exports. The Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, has come up with a Jewellery Hand Carriage Facilitation Centre at Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA). Recognising the potential of hand carriage for boosting gem and jewellery exports -- especially from Mumbai, which typically accounts for nearly 65-70% of the country's exports -- GJEPC engag ...Read More >
MUMBAI: Reliance Industries, India's largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale of some of its listed investments and strong growth across its key businesses. Other income surged 280% to Rs 15,119 crore due to profit (Rs 8,924 crore) on sale of its stake in Asian Paints. Excluding the Rs 8,924 crore gain, profit was higher by 25%. Earnings was also driven by a rebound in its oil-to-chemicals (O2C) ...Read More >
Mumbai: In a move set to significantly enhance India's gem and jewellery export infrastructure, the Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, inaugurated the Jewellery Hand Carriage Facilitation Centre at Terminal 2 of Chhatrapati Shivaji Maharaj International Airport on Wednesday.Recognising the strategic importance of enabling seamless hand carriage, GJEPC secured and equipped a dedicated space at the airport. With the premises now officially notif ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
NEW DELHI: Kapil Raj, a former ED officer who supervised the arrests of two chief ministers under the anti-money laundering law, has resigned from government service after serving for about 16 years. An order issued by the Ministry of Finance on Thursday said the "President of India was pleased to accept his resignation from the Indian Revenue Service (Customs and Indirect Taxes) with effect from July 17." The 45-year-old officer belonged to the 2009 batch of the IRS. He was involved in the ar ...Read More >
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