DGGI uncovers Rs 3,200 crore in GST fraud, two heldThe Directorate General of GST Intelligence (DGGI) uncovered a Rs 3,200 crore GST fraud, arresting two individuals. The accused created fak...
29 Jan, 2025, 07.13 PM IST
Unemployed UP man becomes victim of Rs 250 crore GST billing fraudMuzaffar Nagar GST Fraud: A young man from Muzaffarnagar became entangled in a Rs 250 crore GST e-way billing fraud after sharing personal ...
04 Sep, 2024, 05.38 PM IST
Big GST relief in budget 2024: No need to pay interest and penalty for these GST noticesBudget 2024: Relief for GST registered individuals and companies. "The waiver of interest and penalties for tax disputes faced by genuine t...
26 Jul, 2024, 10.36 AM IST
Budget 2024: No GST demand notice to be issued beyond 42 months from the due date of filing annual return; Know how it will help youGST: Now demand notices of GST cannot be issued beyond 42 months from the due date of filing GST annual return. Moreover, GST demand orders...
26 Jul, 2024, 10.35 AM IST
Rs 15,000 crore GST fraud: How a businessman cheated via 3,300 shell companies, 35 fake firms and electricity billsDelhi-based businessman Tushar Gupta has been arrested in connection with a Rs 15,000 crore GST fraud exposed last year. Gupta was part of ...
11 Apr, 2024, 04.07 PM IST
GST fraud: Taxmen arrest two in Bengaluru for fake ITC claims using 30 shell companiesTwo individuals have been arrested in Karnataka for allegedly cheating the government out of crores of rupees through a fake GST bill racke...
30 Aug, 2023, 08.13 PM IST
The seven-year glitch: Inside the govt's war to plug the GST leakageIndia's Goods and Services Tax (GST) regime needs to plug leakages that cause tax evasion, which has increased in recent years despite stab...
27 Jul, 2023, 02.40 PM IST
GST fraud a new challenge for UP government; Noida sees cases double in three yearsIrregularities related to Goods and Services Tax (GST) evasion in Noida have doubled in the past three years, with 291 cases detected and I...
23 Apr, 2023, 10.19 AM IST
How to identify a fake GST bill and report it: Here is the complete step-by-step guideA GST invoice is generated by a supplier or a seller to the buyer of the goods and services. The bill has all the information including ide...
22 Mar, 2023, 11.03 AM IST
Crackdown on fraudulent ITC availment continues: 258 arrested so farDGGI sources said that out of the 258 arrested so far, at least two persons have been booked under COFEPOSA or Conservation of Foreign Exch...
24 Jan, 2021, 10.09 PM IST
Government blocks Rs 40,000 crore GST claims on returns mismatchLast week, the indirect tax wing of the revenue department blocked the credits within four hours, CBIC chairman John Joseph said at an even...
28 Jan, 2020, 12.37 PM IST
About half of Indian firms lack system to detect travel, expense frauds: SurveyThe survey found that nearly 55% of the companies stated their inability to retrieve past expense data as a key bottleneck in auditing and ...
15 Oct, 2018, 09.32 PM IST
Taxmen arrest three for issuing fake GST invoices to claim input tax creditIn the last one month, the department officials have raided more than 50 business premises in Bengaluru, the Commissioner said in a press r...
26 Sep, 2018, 05.36 PM IST
Lower tax rate to improve compliance: Piyush GoyalParticipating in the debate, senior Congress leader Mallikarjun Kharge said that the BJP-led government does not know how to implement GST.
09 Aug, 2018, 08.13 PM IST
GSTN to rope in private entities for tax payer profiling, fraud analyticsThe analytics company to be roped in will have the mandate for designing and developing a Fraud Analytics System through tax payer profilin...
07 May, 2018, 05.48 PM IST
Here's what you can do if a restaurant overcharges even after the GST rate cutEateries are finding several dubious ways of not passing on GST cut benefits to you, the consumer. Some restaurants have only raised their ...
24 Nov, 2017, 12.23 PM IST
Small businessmen wary of retro tax demand under GST mechanism“GST will not only impact the indirect tax collection but also the income tax collections,” said the tax head at consultancy.
01 Sep, 2016, 11.49 AM IST