Searched for
GST REFUND FRAUD
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...
- GST leaks need plugging as fake invoices surge and exporters face liquidity strainIndia's Goods and Services Tax system shows strong growth but struggles with fake invoice fraud, especially in the scrap sector. This pract...
- Get it right, GST do itNarendra Modi's announcement signals a deeper GST reform, aiming for simplification and fairness. GST 2.0 prioritizes passing tax reduction...
- Changes in GST must be more comprehensive than mere rate reduction: CongressFinance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
- Need of hour radically-simplified, less-punitive GST 2.0: CongressThe Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...
- Delhi: How the transfer of an officer uncovered a massive GST fraud involving 500 fake companiesDelhi's anti-corruption branch arrested seven people, including a suspended GST officer, for their roles in a massive GST fraud involving f...
- 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...
- CAG plans to fix GST holes and loopholesCAG has also pointed to inconsistencies in the GST Network (GSTN) data, such as gaps between taxable value and declared tax liability. An e...
- GTC seeks to intervene in DRI case against exporter Golden TobieThe federal agency, in an affidavit seeking dismissal of the company’s petition, said its investigation found that the petitioner doesn’t h...
- 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...
- CBIC finds 1,377 exporters as untraceable; detects Rs 1,875 crore fraud claims by these exportersOfficial sources said that 7516 exporters were on the risky exporter list as on date, of which IGST refund or drawback of 2830 exporters wo...
- I-T dept, GSTN, CBIC caution people against phishing emails promising refundsSeparately GST Network, the company handling the technology backbone for Goods and Services Tax, cautioned against a fraud website onlinefi...
- 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...
- Revenue department detects 931 GST fraud cases through data analyticsRefunds of over Rs 28,000 crore are said to have been filed by over 27,000 taxpayers so far on account of inverted duty structure in the cu...
- Nine-point plan firmed up to plug GST revenue leaksThe action plan was finalised after a meeting of state and central GST chief commissioners.
- Two traders arrested for Rs 50 crore IGST refund fraudAn official explained that non-existent suppliers issued invoices for passing of the ITC utilised for payment of IGST on exported goods and...
- How Goods and Service tax will benefit the nationOne product or service will have a single tax rate in any part of the country, the multiplicity of taxes on the same commodity or service w...
- Five Indians charged on GST fraud claims in SingaporeA joint press release by Iras and Singapore Customs stated that tourists can claim GST refunds on goods they have bought and taken out of S...
- Five Indians charged on GST fraud claims in SingaporeEach of them faced more than 200 counts of abatement by conspiracy to make false statements in claims made under the GST Act to obtain refu...
Load More
