Two GST Tribunal benches to start functioning in Kolkata soon: OfficialKolkata will soon have a Goods and Services Tax Tribunal. It will have two benches at Alipore. One bench will serve West Bengal. The other ...
FinMin asks CGST field offices to submit comparative MRP change data post Sep 22The finance ministry has directed Central GST officers to track price changes in 54 common items following the GST rate cuts effective Sept...
Make GST registration easier using technology, risk-based parameters: FM Sitharaman to CBICFinance Minister Nirmala Sitharaman directed CBIC to simplify GST registration using technology and risk-based parameters, emphasizing tran...
CBIC instructs officials to upload digital summary of tax notices to boost transparencyIn a significant move towards transparency and efficiency, tax officials are now required to upload detailed summaries of show cause notice...
Maharashtra: Senior official of Chinese smartphone maker held for ITC fraud of Rs 19 croreManager of Finance and Accounts division of Oppo Mobiles India Private Limited, Mahendra Kumar Rawat, was arrested in Bhiwandi town and lat...
GST collection may top Rs 1.5 lakh crore from October: Revenue secretary Tarun BajajAddressing a CBIC (Central Board of Indirect Taxes & Customs) function here this evening, Revenue secretary Tarun Bajaj said, "For the last...
CBIC appoints two new membersThe Appointments Committee of the Cabinet has approved the appointment of the two officers to the posts of Members after the superannuation...
CGST finds Input Tax Credit fraud of Rs 81 cr; Navi Mumbai firm director heldA CGST release said searches were conducted at various locations acting upon intelligence garnered by deploying data analytics tools, which...
ITC fraud: Proprietor of a metal scrap firm arrestedAccording to the GST, the Raigad Commissionerate has detected tax evasion of Rs. 675 Crore and recovered Rs. 403 Crore and arrested 8 perso...
GST officers unearth over Rs 35,000 crore fraud in 2020-21, arrest 426 peopleDuring 2020-21 (April 2020 to March 2021), 426 persons, including 14 professionals such as CAs, lawyers and directors, were arrested.
GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 crore in 2 monthsThose arrested by the Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates include six Chartered Accountants and on...
DGGI asks ICAI to take action against three chartered accountants arrested for GST invoice fraudSources at DGGI and Central Goods and Service Tax Commissionerates said five more GST invoice fraudsters were arrested on the eighth day of...
GST Analytics wing to identify risky suppliers to exportersLast year, the CBIC had detected several cases of firms availing credit fraudulently through refund of Integrated Goods and Services Tax on...
Taxmen flag two cases of fraud in Delhi amid crackdown on fake invoicingTax authorities under the Delhi CGST zone unearthed the two cases, one of which involved issuing of fake invoices for fraudulently availing...
Iron industry players in Mumbai zone under lens over input tax credit frauds11 of 13 cases registered in Mumbai zone involve people from the industry
CGST Mumbai zone mops up Rs 72,509-crore revenue till FebruaryThe Mumbai zone consists of 11 tax payers commissionerates. The total revenue collection from the zone from July last year to February stoo...
GST switchover: Renaming CBEC as CBIC may take a whileWith excise duty alongside nearly a dozen other central and state levies being taken over by the Goods and Services Tax (GST), the ambit of...