News
Arrest for GST default signals strict enforcement of new law
- Date:
- April 10, 2018
- Source:
- Financial Chronicle
Even as legal experts are debating police powers to launch search operations in cases of offences under CGST Act, a team of central tax officers has arrested the director of a private firm who failed to pay taxes within the stipulated time in the new indirect tax regime. The development signals that the initial phase of leniency shown by the government is over and screws would now be tightened ove…