Modi's test: WTO threatens India's food security

[Hindustani78]

Ministry of Consumer Affairs, Food & Public Distribution
02-February, 2018 16:33 IST

Protecting Consumers Post GST Implementation

On account off implementation of GST there may be instances where the retail sale price printed on a pre-packaged commodity is required to be revised. To protect the interests of consumers the Department has issued an order according to which, manufacturers/ packers/importers of pre-packaged commodities are allowed to declare the revised retail sale price (MRP), after implementation of GST by way of stamping or putting sticker or online printing, as the case may be, on the unsold stock manufactured/packed/imported, if any, in addition to the existing retail sale price (MRP), upto 31st March, 2018. Use of un-exhausted packaging material/wrapper has also been similarly allowed upto 31st March, 2018 after making necessary corrections.


The said information has been disseminated to all the stakeholders and Controllers of Legal Metrology of all States/UTs for immediate action.

This information was given by the Minister of State for Consumer Affairs, Food & Public Distribution Shri C.R. Chaudhary today in Rajya Sabha.

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[Hindustani78]

Ministry of Finance
24-May, 2018 10:44 IST
Arrest made by Central Tax, Delhi East Commissionerate involving GST evasion of Rs. 28 Crore

Central Tax, GST Delhi East Commissionerate arrested a Shahdara based father son-duo on 22.05.2018 in case of fraudulent issuance of Input Tax Credit invoices involving evasion of approximately Rs. 28 Crores relating to Copper industry. It is the first case of arrest in Delhi, under the new tax regime that came into force on 1st July, 2017.

Searches were conducted at several places during which various incriminating documents and evidence were found. Investigation that followed revealed involvement of the father and son. Both were arrested under Section 69 (1) of CGST Act and Hon’ble CMM, Patiala House remanded them to judicial custody for 14 days.

As per Section 132 of the CGST Act, issuance of an invoice or bill without supply of goods and wrongful availment or utilization of input tax credit is a cognizable and non-bailable offence if the amount involved is over Rs 5 Crores.

Further investigations are underway and the quantum of evasion is likely to go up. Officers are not ruling out the possibility existence of several other fake firms as the investigation moves ahead.



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