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.
GST Council may grant amnesty from interest and penalties to small vendors flagged through UPI data, says Central Tax Commissioner Kotraswamy M.
Govt of India appoints 83 members to GST Appellate Tribunal, aiming to fast-track GST dispute resolution and enhance judicial and technical expertise.
Maharashtra GST Dept. arrests Nagpur trader Mahesh Keshwani for availing Rs 33.93 crore fake ITC using bogus invoices from cancelled GST registrations. Judicial custody till Aug 14.
Traders in Gujarat allege misuse of Section 67(1) of the GST Act by officials for harassment and extortion. Ahmedabad Traders' Federation demands reforms and protection for small businesses.
The CGST Delhi South Commissionerate has busted a Rs 47.12 crore Fake ITC racket in the iron and steel sector. A Naraina-based trader was arrested for availing bogus ITC using fake invoices and cancelled GSTINs without the actual supply of goods.
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