CAclubindia Articles

GST Alert Circular No. 59/2025-26: Comprehensive Analysis of Fraudulent Input Tax Credit Scheme Through Non-Existent Entity

CA Varun Gupta 12 September 2025 at 08:33

CGST Delhi North busts Rs 6.01 crore fake ITC fraud by Ajay Trading Co. Read how DGARM detected the racket, legal violations under GST laws and enforcement actions with key lessons for taxpayers on compliance and vendor due diligence

The Increasing Complexities of Departmental Audit under GST: Judicial Safeguards for Taxpayers

Abhishek Raja 12 September 2025 at 08:27

Explore key court rulings on GST departmental audits under Section 65 of the CGST Act, 2017. Learn how Indian courts safeguard taxpayer rights, enforce timelines, and uphold principles of natural justice against arbitrary departmental actions

Govt Rolls Out 7 Fresh Senior Citizen Benefits for a Better Life

Pranab Banerjee 12 September 2025 at 08:25

Discover the 7 new government benefits for senior citizens, including pension hike, free healthcare, travel discounts, financial aid, and social security schemes ensuring dignity, independence, and a better quality of life for elders

GST Alert Circular No. 29/25-26: Investigation into Fraudulent ITC Passing, ITC Amounts, Legal Implications & Recovery Directions (FY 2019-21)

CA Varun Gupta 11 September 2025 at 08:40

The Delhi GST Department’s Circular No. 29/2025-26 uncovers a Rs 30.56 crore fake ITC fraud involving non-existent suppliers and bogus invoices. Learn about the case of M/s Mohd Shahid Enterprises, recipient-wise ITC exposure, legal framework and enforcement actions under GST.