Rs 16 Crore GST Evasion in Ballari Exposed; Shell Firms Operated with Forged Documents
Lok Sabha passes the Manipur GST Amendment Bill 2025, allowing the state to levy tax on extra neutral alcohol used for liquor production, aligning with GST Council recommendations.
GSTN launches UPI and card payment options for GST dues, now live in 23 States, enabling faster, hassle-free tax payments and boosting digital compliance.
ED raids eight locations in Jharkhand, Kolkata, and Mumbai in a Rs 730 crore fake GST scam linked to 135 shell firms. Probe uncovers Rs 5,000 crore fake invoices amid rising ITC fraud cases.
The Centre plans a persuasion-based approach to bring more traders under GST, avoiding backlash from aggressive state drives using UPI data, while focusing on awareness and formalisation of small businesses.
The CGST Delhi South Commissionerate has detected Rs 16.30 crore GST evasion in three manpower and facility management firms. A key director was arrested and remanded to judicial custody as investigations continue.
Accountant in Greater Noida booked for siphoning off Rs 1.80 crore using fake GST invoices worth Rs 10 crore. Fraud detected during audit; FIR filed under cheating, forgery & cybercrime laws.
A parliamentary panel has urged the Finance Ministry to adopt a time-bound plan to operationalise GSTAT benches nationwide, citing delays in member appointments and their impact on GST dispute resolution.
The Finance Ministry informed Lok Sabha that while GST collections have largely met targets from FY21 to FY25, tax evasion cases surged to over 91,000, with Rs 7.08 lakh crore detected. Measures like e-invoicing and Project Anveshan aim to curb fraud.
The Government is reviewing GST on LIC premiums, with no final decision yet. A Group of Ministers is evaluating the matter and their upcoming report may lead to possible tax relief for life insurance policyholders.