GST Council Cuts Rates On Hotels And Flights To Boost Tourism And Spending
The GST Council, led by Finance Minister Nirmala Sitharaman, cut the GST on hotel rooms priced below ₹7,500 to 5 per cent without input tax credit (ITC).
GST Officials Uncover 29,000 Bogus Firms, Unveiling Fake ITC Claims Worth Rs 44,000 Crore
GST officers have uncovered 29,273 fraudulent firms engaged in false Input Tax Credit (ITC) claims amounting to Rs 44,015 crore over eight months until December 2023
