DGGI Ahmedabad uncovers Rs 140 crore GST evasion by an online gaming firm; 36 bank accounts attached, Rs 10.6 crore paid, Chinese links under probe.
Supreme Court quashes prosecution against Vijay Krishnaswami, slams Income Tax Department for ignoring CBDT circulars; imposes Rs 2 lakh cost.
DGGI Belagavi busts fake GST invoice fraud worth Rs 145 crore with Rs 43 crore tax evasion; one accused arrested, shell firms and forged documents seized.
ICAI reaffirms its role in nation-building with sustainability, tax reforms, MSME support, digital assurance, and strategic global partnerships.
ICAI suggests reforms in GST covering ITC, refunds, registration, and e-way bills to ease compliance and reduce litigation.
Muzaffarnagar police uncovered a Rs 1,300 crore GST scam using fake e-way bills and forged documents. Two arrested; GST dept launches full probe.
The GoM on GST compensation cess is divided. Options include continuing the levy or moving items to regular GST rates. Final decision due by Oct 31.
The GST Council may raise GST on premium EVs up to 28%, while affordable EVs and buses retain a 5% rate. Final decision expected on Sept 3-4.
The Finance Ministry has issued draft rules amending Indian Insurance Companies (Foreign Investment) Rules, 2015, aligning with FEMA (NDI) Rules, 2019.
Flipkart faces a preliminary GST probe by DGGI for allegedly misclassifying marketplace fees as transport charges to reduce tax liability, says report.
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