‘Best judgment’ assessment awaits GST return defaulters
NEW DELHI: Thousands of GST non-filers, or those who did not file returns, have received an auto-generated letter from the authorities,…
Category: GST News
GST Council may consider merging the 12% and 18% tax slab in next meeting, says FM
In an interview with The Economic Times, the finance minister said that the GST council would examine the recommendations of reducing…
ICAI wants FM to withdraw Budget proposal on removal of GST audit
The Institute argues that benefits of such an audit outweigh ease of compliance that the new rule would bring for…
DGGI arrests man for fraudulently availing input tax credit of Rs 376 crore through 7 fake firms
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ritesh Aggarwal, resident of Bahadurgarh,…
GST officers bust racket of 46 firms behind Rs 82 crore fake ITC claims
Through the use of extensive data analytics, officers of Delhi East GST were able to identify and unravel a network…
₹427 crore bogus GST billing racket busted, two held
The central GST commissionerate, Ludhiana, has busted a nexus of 32 bogus firms that fraudulently claimed ₹65 crore as input tax…
HC notice to DGGI after GST officials coerce man into paying Rs 9 cr tax
Gujarat High Court passed a stricture against the officers of the Director General of GST Intelligence (DGGI) in the case…
Fake GST billing scam of Rs 513 crore unearthed
After extensive raids conducted in Bhavnagar, Ahmedabad and Gandhidham, by the enforcement wing of the state goods and services tax…
CA arrested for collecting GST of Rs. 12.67 crore and withholding from onward deposit to Govt
The Directorate General of GST Intelligence (DGGI), North Zone, Gurugram, has arrested Shri Harish Kumar Rampal, Chartered Accountant, proprietor of M/s…
GST fraud of Rs 940 cr busted, 340 bogus firms under lens: 6 arrested
With the arrest of six persons, including the kingpin, Delhi Police’s Cyber Crime Unit (CyPAD) has busted a GST refund…
Budget 2021: GST discount to ₹5 lakh rebate on home loan interest, what real estate sector wants
From more rebate under Section 24 of Income Tax Act to measures to improve liquidity, here are the key things…
Budget 2021: Auto industry optimistic about recovery from pandemic; expects cut in GST rates
The removal of restrictions to avail the input tax credit of GST paid on automobiles for businesses would make vehicles…