VACB registers a case against a former State tax officer for allegedly holding Rs 23.46 lakh in assets disproportionate to known income; raids conducted in Ernakulam.
Economic Offences Cell registers case against Belagavi-based GST consultant for alleged Rs 10 crore fraud involving fake supplies, forged returns, and ITC diversion.
GSTAT allows lenient scrutiny of appeals for 6 months, directs registries to ignore minor defects while filing appeals on the GSTAT portal.
GSTN issues advisory on RSP-based valuation for notified tobacco goods effective 1 February 2026, clarifying GST computation and reporting in e-Invoice, e-Way Bill and GSTR-1.
Delhi Police EOW is probing Rs 374 crore GST fraud after identity documents were misused to create fake firms and show bogus transactions without victims' knowledge.
A Customs inspector in Ahmedabad has been arrested by the Directorate of Revenue Intelligence for allegedly facilitating a crores-worth IGST and cess refund fraud using fake energy drink exports and fictitious firms.
The Finance Bill is expected to introduce five GST law amendments, including changes to post-sale discounts, intermediary services, IDS refunds and low-value export refunds to ease compliance.
CGST Delhi South Commissionerate arrested two persons for fraudulent availment of Rs 8.52 crore ITC using bogus invoices worth Rs 199.90 crore.
Ahead of the Union Budget 2026-27, India's estimated $433.8 billion oil and gas industry has stepped up its demands for tax relief and fiscal support, urging the government to address long-standing taxation and regulatory challenges that continue to
The withdrawal of GST input tax credit is expected to pressure life insurers’ VNB margins in Q3FY26, while strong premium growth and healthy investment income may support general insurers, analysts said.
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