Searched for
GST ITC FRAUD
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- Gurugram sessions court grants a 7-day remand to Punjab Minister Sanjeev AroraPunjab Minister Sanjeev Arora was remanded for seven days by a Gurugram court following his arrest by the Enforcement Directorate in a Rs 1...
- DGGI officers arrest Kapil Chugh over Rs 1,825 cr GST refund fraudDGGI officers have arrested Kapil Chugh, the alleged mastermind behind an Rs 1,825 crore GST refund fraud. Chugh, who evaded multiple summo...
- DGGI arrests two in Rs 177 crore GST fraud, linked to fake firmsThe Directorate General of Goods and Services Tax Intelligence has apprehended two individuals in Hyderabad. They are linked to a substanti...
- DGGI uncovers ₹593-crore fake invoice racket; mastermind held in BengaluruOfficials have uncovered a massive Rs 593 crore fake invoice scam. The Directorate General of GST Intelligence arrested the alleged masterm...
- Govt says 55,813 cases of GST evasion worth Rs 1.6 lakh cr detected in last 3 years 7 monthsOver 55,000 GST evasion cases totaling Rs 1.6 lakh crore were detected in the last three years and seven months, involving fake invoicing a...
- GST 'fraud': MNCs gained from fake ITC worth crores, says EDThe Enforcement Directorate is investigating a multi-crore fake Input Tax Credit fraud. Raids were conducted across multiple states includi...
- GST evasion of Rs 7.08 lakh cr detected in 5 years, includes ITC fraud of Rs 1.79 lakh crCentral GST officers detected significant tax evasion, totaling approximately Rs 7.08 lakh crore over the past five fiscal years, with Rs 1...
- GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, total 3,558 fake firms uncoveredGST officers uncovered a significant surge in fake input tax credit (ITC) claims, reaching Rs 15,851 crore in the first quarter of FY26, a ...
- State finance ministers' panel discusses ways to curb ITC frauds, sector-specific tax evasionA panel of state finance ministers convened to address the escalating issue of tax evasion, particularly concerning Input Tax Credit (ITC) ...
- GST evasion of Rs 55,575 crore detected in last 2 years, 719 persons arrestedThe GST department is taking steps to curb evasion, including verification of registration, e-way bill requirement, and validation for fili...
- GST officers unearth Rs 34 cr ITC fraudThe seven firms were created to generate bogus GST invoices, with an intent to pass on fraudulent ITC without actual movement of goods and ...
- CBIC asks taxmen to complete GST evasion investigations within a yearThe CBIC observed if the issuance of SCNs is pushed to close proximity of the end dates/last dates, it may leave very little time with the ...
- GST officers detect Rs 4,000 crore of ITC fraud in April-JuneIn a written reply to a question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said 7,268 cases of ITC fraud involving R...
- 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 fraud of Rs 20,124 crore detected during November 9-January 31: Nirmala SitharamanGiving details of detection/recovery from November 9, 2020 (Date of initiation of special drive) to January 31, the minister said 2,692 cas...
- GST authorities arrest 12 more in ongoing crackdown on fake invoicingSeveral such instances have been unearthed by the authorities earlier where chartered accountants have been involved in bogus firms and/or ...
- Amount of fraud in GST needs cautious approach: OfficialDeputy commissioner, north, CGST Naveen Rana said in a CII organised webinar that there are many reasons for blocking ITC by the department...
- Data analytics to curb fake input tax credit claimsRevenue secretary Ajay Bhushan Pandey is reviewing the matter of fraud input tax credit (ITC) claims on a weekly basis, a government offici...
- 535 cases of fake invoices involving ITC claims of Rs 2,565 cr detected in current fiscalIn 2018-19, 1,620 cases of fake invoices were registered involving fraudulent ITC claim of Rs 11,251 crore under the goods and services tax...
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