GST News

HDFC Life Insurance faces Rs 942 Crore GST Demand Notice

24 June 2023 at 11:03

HDFC Life Insurance on Friday said it has received a demand notice of more than Rs 942 crore for non-payment of GST.

Posted in GST | 17511 Views

DGGI Gurugram Takes Down Fraudulent Network: 539 Fake Entities Exposed in ITC Fraud

23 June 2023 at 08:54

DGGI Gurugram officials bust racket involving 539 fake entities and fraudulently claiming ITC of Rs. 1,124.66 crore, one held

Posted in GST | 3162 Views

GST Evasion worth Rs 30,000 crore Fraudulent Activities Discovered in 16 States

22 June 2023 at 08:51

The GST authorities have busted a major GST evasion racket worth ₹30,000 crore across 16 states

Posted in GST | 5202 Views

Telangana surges ahead with 69% growth in GST collections

21 June 2023 at 08:46

As per the latest report submitted to the Comptroller and Auditor General (CAG), the GST revenue of Telangana increased from Rs 28,786 crore in 2018-19 to Rs 41,889 crore in 2022-23, amounting to a substantial rise of Rs 13,103 crore.

Posted in GST | 3009 Views

Due date further extended for GSTR-1, GSTR-3B & GSTR-7 in Manipur till 31st July 2023

20 June 2023 at 13:21

CBIC has extended the due date for filing GSTR-1, GSTR-3B & GSTR-7 for April & May 2023 in Manipur till June 30, 2023.

Posted in GST | 22683 Views

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 | 4209 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 | 3276 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 | 6258 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 | 7821 Views