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PSU oil cos expanded retail operations during pandemic though product demand remained sluggish
Public sector oil marketing companies IndianOil, Hindustan Petroleum and privation bound Bharat Petroleum remained active in the country's oil market in 2020 even though the pandemic and lockdown severely dented demand for petroleum products.
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migrator
migrator
New Delhi
There were reports that some GST officers are using unauthorised communication means such as phone calls, WhatsApp and messages asking taxpayers to discharge 'maximum tax liability' in 'cash'.
This was being done in order to ensure that targets for revenue collection from GST for the financial year are met, the reports suggested.
It is to clarify that neither the Government nor the Central Board of Indirect Taxes and Customs (CBIC) have issued any such instructions to their field formations, a Finance Ministry statement said.
The statement added that taxpayers are free to utilise the Input Tax Credit available in their credit ledger, as permissible in law, to discharge their GST dues for the month of March, 2021 - the last month of this financial year.
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