Govt waives late fee for non-filing of GST returns

Posted on   9:45 am

The fee for late filing of returns is Rs 25 per day for Central GST (CGST) and an equal amount under State GST (SGST). However, those businesses who have to file returns but have ‘nil’ tax liability would have to pay a fine of Rs 10 under CGST law, and an equal amount under SGST law.

Madras HC vacates ban on online medicine sale

Posted on   9:45 am

A division bench of the Madras High Court today vacated the ban on the sale of online medicines passed by a single judge on 17 December till statutory rules to regulate the trade were notified by the Union government.

ATF price cut by 14.7%, costs less than petrol and diesel

Posted on   9:33 am

The import duty on crude palm oil, originating from Malaysia, Indonesia and other members of Association of South East Asian Nations (ASEAN) has been cut to 40 per cent from 44 per cent, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification.

ICF gets new GM

Posted on   9:32 am

Following the retirement of ICF General Manager Sudhanshu Mani on 31 December 2018, South Western Railway General Manager Ajay Kumar Singh took the additional charge as the new ICF General Manager from 1 January.

TN ration cardholders to get Pongal gift hampers, Rs 1,000

Posted on   9:26 am

Tamilnadu Governor Banwarilal Purohit, in his New Year address to the Assembly today, said the government will give Pongal gift hampers containing raw rice, sugar, raisins, cashew nuts, cardamom and sugarcane to all ration card holders along with Rs 1,000 as cash gift in all districts except Tiruvarur, where election code of conduct is in effect due to the by-poll.