GST News

GST Officials Issues Rs 1 Lakh Crore Tax Notices to Online Gaming Companies

25 October 2023 at 13:20

In a significant development, the GST authorities in India have initiated a sweeping crackdown on the online gaming industry, with show cause notices amounting to an astounding Rs 1 lakh crore issued to various companies for alleged tax evasion.

Posted in GST | 4926 Views

Bombay HC Admits Petitions Challenging GST Demand of Rs 11K Crore for Casino Operations

25 October 2023 at 08:31

In a significant legal development, the Bombay High Court at Goa has admitted three petitions challenging a show-cause notice issued by the Director of Revenue Intelligence, which seeks a whopping GST amount of Rs 11,139 crore

Posted in GST | 4824 Views

Uttarakhand GST Dept Nabs Mastermind Behind Rs 18 Crore Tax Evasion Scheme

25 October 2023 at 08:30

In a major breakthrough, the Uttarakhand GST Department has apprehended Shahnawaz Hussain, the mastermind behind an alleged tax evasion scheme, resulting in losses of more than Rs 18 crore on a Rs 100-crore turnover.

Posted in GST | 2292 Views

Massive Rs 22 Crore Mobile Phone Tax Evasion Scheme Unearthed in Gujarat

24 October 2023 at 08:10

State GST Department Exposes Rs 22 Crore Tax Evasion Scheme Involving Mobile Phone Dealers Across Gujarat

Posted in GST | 3831 Views

CGST Commissionerate Busts Rs 263 Crore Counterfeit GST Invoice Scam

24 October 2023 at 08:07

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket of Invoice value of Rs. 263 Crores involving fake GST Input Tax Credit (ITC)

Posted in GST | 1 comments | 3387 Views

Shipping Liners Face Rs 1.2 to Rs 1.5 Lakh Crore GST Evasion Allegations

23 October 2023 at 08:01

In a notable crackdown on GST evasion, the Directorate General of GST Intelligence (DGGI) in Ahmedabad has made staggering allegations of tax evasion amounting to ₹1.2 to ₹1.5 lakh crore against shipping liners

Posted in GST | 3285 Views

Delhi High Court Directs Rs 7.12 Crore IGST Refund to Vodafone Idea

23 October 2023 at 07:59

In a significant legal development, the Delhi High Court has ruled in favor of Vodafone Idea, directing the government and GST authorities to refund IGST (Integrated Goods and Services Tax) of Rs 7.12 crore.

Posted in GST | 5142 Views

DGGI Uncovers 6000 Fake ITC Cases, Rs 57,000 Crore GST Evasion, Arrests 500

20 October 2023 at 08:45

In fight against fake ITC, DGGI detects more than 6,000 fake ITC cases involving more than Rs. 57,000 crore GST evasion with the arrest of 500 persons between April 2020 to September 2023

Posted in GST | 6123 Views

ICAI Raises 11 Concerns on Mass GST SCN for FY 2017-18 in September 2023

18 October 2023 at 14:55

ICAI Highlights 11 Key Concerns in Response to Mass GST Show Cause Notices for FY 2017-18 Issued in September 2023

Posted in GST | 22854 Views

Godrej Properties Affected as Subsidiary Grapples with Rs 48.31 Crore GST Demand

18 October 2023 at 14:43

In early trade on October 16, Godrej Properties witnessed a marginal drop in its shares as its subsidiary, Godrej Redevelopers (Mumbai) Private Limited (GRMPL), grappled with GST demand and penalty notices.At 9:22 am, the company's stock was trad

Posted in GST | 2397 Views