GST authorities send out more notices, industries claim harassment
Industries have raised red flags over fresh notices being issued denying input tax credit (ITC), alleging wrongful claims, in turn…
Category: GST News
Special drive for cancellation of bogus / non-existent firms
With the help of data analytics and certain risk parameters the Tax Research Unit, Excise and Taxation Department identified 234…
Round vs square! The shape of papad triggers GST debate
“Pappad, by whatever name it is known, except when served for consumption,” states the GST notification The Central Board of…
2 including a CA arrested by DGGI Gurugram Unit for ITC fraud
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has earlier busted a case wherein total fake…
Central GST Commissionerate detects multi-crore tax evasion
The Central Goods and Services (CGST) Commissionerate has detected evasion of GST worth several crores by a firm in Uttarakhand’s…
Brain behind Rs 1,800 crore export scam arrested in Mumbai
The Directorate of Revenue Intelligence (DRI) on Friday arrested a key conspirator in a fraudulent export case of Rs 1,800…
Fuels, electricity under GST ambit: NITI Aayog formula includes 6 year aid to states
Besides getting a 50% share in the GST on petrol and diesel, the states could also benefit from higher devolution,…
GST Intelligence busts fake companies, arrests mastermind
The Mumbai Zonal Unit of Directorate General of GST Intelligence has busted a major input tax credit (ITC) refund fraud…
Bring petroleum products in ambit of GST soon: PHDCCI
Industry chamber PHDCCI on Sunday urged the government to bring petroleum products in the ambit of goods and services tax (GST)…
Assembly passes GST (Amendment) Bill
House clears amendments to ‘Bed and Breakfast Scheme’; houses can now get registered in 30 days The Delhi Legislative Assembly,…
Several companies, individuals get tax notices as data analytics uncovers gaps in filings
Several companies and individuals who may have avoided paying taxes have come under the taxman’s lens following an elaborate investigation based on…
Two Odisha businessmen arrested for Rs. 115 crore GST fraud
A fortnight after the arrest of an iron scrap dealer for Rs 10 crore GST fraud, the State enforcement wing…