Exporter arrested for creating bogus companies for issuance of fake invoices
On the basis of inputs received from PCCO by using BIFA tool and intelligence further developed by the officers of…
Category: GST News
Come clean on fiscal deficit, spend more, simplify GST says Montek Ahluwalia
The government should come clean on its fiscal position, spend more and simplify Goods and Services Tax (GST) to steer…
Delhi HC upholds arrest provision in GST law for tax evasion
Move comes after HC plea challenges ‘power to arrest’, ‘punishment for certain offences The Delhi High Court has upheld the…
Rs 700 crore recovered, 215 arrested , 6600 fake GSTIN unearthed in crackdown on fake GST bills scam
Out of the 215 arrests so far, there are 71 masterminds, 81 proprietors, 36 director/managing directors, 15 partners, 3 CEOs,…
GST Deptt Issuing ‘Illegal’ SCNs for FY2015, Alleges CA Association
The Central goods and services tax (GST) department has been issuing show cause notices (SCNs) for FY 2014-15 for difference…
Tax department alleges that Swiggy, Instakart evaded GST
NEW DELHI: The tax department has alleged that online food delivery giant Swiggy and Walmart backed Flipkart’s logistics arm Instakart relied on fake manpower…
Government ropes in Income Tax Department to crack down on GST fraud
Data being pooled to track evasion, says Finance Secretary. Tightening the noose around fraudsters rigging the Goods and Services Tax…
GST evasion of around Rs 831.72 crore unearthed : One arrested
The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan…
How systematic changes led to record GST mop-up in December, 2020
GST collections in December gained support from higher festive season sales along with the rollout of new technological systems of…
Regional soft drink companies under GST scanner set to shift to 40% slab
Facing heat from GST officials for evading taxes on the pretext of adding fruit juice or pulp to their carbonated…
GST collection in the month of December, 2020 rises by 12% to ₹ 1,15,174 crore
The gross GST revenue collected in the month of December 2020 is ₹ 1,15,174 crore of which CGST is ₹ 21,365 crore, SGST…
Proposal to levy 18% GST on cryptocurrency trading alarms exchanges
Hefty taxation will shift transactions to international exchanges, warn stakeholders Cryptocurrency exchanges have expressed alarm after a report said that…