GST News

DGGI busts ITC Racket: 2 arrested, Rs 863 crore fraud uncovered

20 June 2023 at 08:46

DGGI Gurugram officials bust ITC racket involving 461 shell entities with fraudulently claiming Rs 863 crore, 2 held

Posted in GST | 4200 Views

FM urges tax officers to enhance GST registration process with technology integration

19 June 2023 at 08:44

Finance Minister Nirmala Sitharaman on Friday asked tax officers to strengthen the GST registration process further by using technology. This was during a review meeting on fake registration and billing.

Posted in GST | 3270 Views

GST Fraud: Fake companies involved in Rs 250 crore scam via rickshaw pullers and junkers' accounts

19 June 2023 at 08:43

A team of the Income tax department, Kanpur division, unravelled a nexus where transactions worth several crores were being done from the accounts of junk pickers and rickshaw pullers for GST or income tax evasion.

Posted in GST | 6252 Views

CBIC chairman: 50,000 cases to be taken up for GST audit in FY24

17 June 2023 at 07:57

The Central Board of Indirect Taxes and Customs (CBIC) chairman, Vivek Johri, has said that the GST administration has shortlisted 50,000 fresh cases that will be taken up for GST auditing in the current financial year (FY24).

Posted in GST | 7812 Views

GSTN | e-Invoicing Enablement Status Update for Taxpayers

16 June 2023 at 16:45

Advisory: Update on Enablement Status for Taxpayers for e-Invoicing

Posted in GST | 11604 Views

Four misuse PAN and GST number of Bengaluru businessman, held for tax evasion

16 June 2023 at 08:43

The Bengaluru cybercrime police have arrested four people for allegedly misusing the PAN card and GST number of a Bengaluru businessman to evade taxes.

Posted in GST | 6621 Views

Massive Rs 8,100 Crore GST Evasion Uncovered: 4,909 Fake Businesses Busted

16 June 2023 at 08:41

The Madhya Pradesh GST department has detected a major case of GST evasion to the tune of more than ₹ 8,100 crore. The investigation revealed that the evasion was carried out through 4,909 bogus business establishments spread across the country.

Posted in GST | 3183 Views

Guidelines released by CBIC for GST Registration Application Processing

15 June 2023 at 08:45

Central Board of Indirect Taxes and Customs (CBIC) has issued Important Guidelines for processing of applications for GST registration. These guidelines were issued on June 14, 2023, in order to prevent the menace of fake or bogus registrations.

Posted in GST | 16671 Views

Massive GST Evasion: Rs. 30,000 Crore unearthed

15 June 2023 at 08:43

A nationwide crackdown by the Goods and Services Tax (GST) authorities has unearthed tax evasion to the tune of ₹30,000 crore.

Posted in GST | 5616 Views

Former CBIC Chairperson Urges GST Council to Differentiate Taxation for Betting and Skill-based Online Games

14 June 2023 at 08:59

Former chairperson of the Central Board of Indirect Taxes and Customs (CBIC) John Joseph has said that the Goods and Services Tax (GST) Council must differentiate between skill-based and betting-based online games before taxing them.

Posted in GST | 2946 Views