Notices being issued on mismatch of tax or ITC
Indore (Madhya Pradesh): In a recent development, both the State and Central GST Departments have initiated the process of issuing notices regarding tax mismatches and input tax credit discrepancies. They have also commenced the scrutiny of returns filed from the year 2017-18. During a seminar organized by the CA Indore Branch and Tax Practitioners Association […]
MP: Two held for GST fraud of morethan 12 cr in Indore
Indore, May 29 (PTI) – In a significant development, the owner of a private firm and another individual have been apprehended in Indore, Madhya Pradesh, for their alleged involvement in a Goods and Services Tax (GST) fraud case. The firm, which operates in the food grains trade, is accused of utilizing fake bills to claim […]
Evasion of GST Worth Several Crores Detected in Anantnag
In a significant development, the Directorate General of Goods and Service Tax Intelligence (DGGI) has uncovered substantial GST evasion by a company located in Anantnag district of the Kashmir valley. This discovery is part of a larger effort by the DGGI to combat fraudulent input tax credit and fake GSTINs. The company, involved in road […]
ED conducts searches in multiple cities in Rs 122 crore GST fraud case
The Enforcement Directorate (ED) has conducted a series of search operations at 25 different locations in Gujarat, Maharashtra, and Karnataka in relation to an alleged case of GST (Goods and Service Tax) fraud.As part of the operation, the ED has accused Mohammad Ejaj Bomar of money laundering based on a chargesheet filed by the Bhavnagar […]
Centre Likely To Move SC Against Karnataka HC Order Quashing GST Notice Against Gameskraft
The Central government may challenge the Karnataka High Court’s decision to dismiss a tax evasion notice worth INR 21,000 Crores issued to Gameskraft Technology, an online gaming startup based in Bengaluru. Prior to approaching the apex court, the government could discuss this matter with the GST council, as reported by CNBC Awaaz. The Directorate General […]
Embracing the New Era of GST: Challenges and Solutions for Businesses in India
The Goods and Services Tax (GST) has already made a significant impact on businesses across the country, but with this new tax regime comes a whole new set of challenges that companies must face. The GST is a destination-based tax on the consumption of goods and services that is levied at all stages, from manufacturing […]
