GST News

Businessman Denied Pre-Arrest Bail in Rs 13 Crore GST Fraud Case

20 June 2024 at 09:02

In a significant development in the ongoing GST fraud investigation, a local court has denied pre-arrest bail to businessman Ritesh Garg.

Posted in GST | 969 Views

GST Officials Conduct Raids on 18 Resorts and 15 Water Parks Statewide

18 June 2024 at 09:08

In a significant crackdown on tax evasion, state GST officials have conducted raids at 18 resorts in the Gir Somanath and Dwarka districts, uncovering suspicious transactions worth Rs 16.29 crore.

Posted in GST | 4155 Views

Major GST Bogus Billing Racket Worth Rs 1K Crore Busted by CID Crime

18 June 2024 at 08:57

In a significant crackdown on financial fraud, CID Crime on Thursday uncovered a major GST bogus billing racket valued at Rs 1,000 crore.

Posted in GST | 6186 Views

Tamil Nadu Recovers Rs 1524 Crore Under IGST with Tax Research Unit's Efforts

17 June 2024 at 08:57

The Commercial Taxes Department of Tamil Nadu has successfully recovered ₹1,523.95 crore under the Integrated Goods and Services Tax (IGST), thanks to the diligent work of its newly established Tax Research Unit.

Posted in GST | 3126 Views

CBIC mounts campaign against frauds committed in the name of Indian Customs

17 June 2024 at 08:56

CBIC urges public to discern the modus operandi of fraudsters, protect their information, verify antecedents of caller and report such acts by staying alert

Posted in GST | 1770 Views

Contractor Duped of Rs. 1.3 Crores by Fake Chartered Accountant

15 June 2024 at 07:25

A 35-year-old contractor and Colaba resident, Jaykumar Shah Dhani, was allegedly defrauded by a supposed Chartered Accountant to the tune of Rs. 1.3 crores.

Posted in GST | 2055 Views

Mandatory Biometric Verification at GST Centers Cuts Bogus Registrations by 25%

14 June 2024 at 09:04

In a significant move to enhance transparency in the GST registration process and combat fraudulent registrations, Gujarat inaugurated 12 GST Service Centers in November 2023.

Posted in GST | 1107 Views

FM Nirmala Sitharaman to Chair 53rd GST Council Meeting in New Delhi

14 June 2024 at 09:03

A day after taking charge as Union Finance Minister, Nirmala Sitharaman is poised to preside over the highly anticipated 53rd GST Council meeting.

Posted in GST | 5106 Views

DGGI Arrests Man for Rs 37.2 Crore Fake ITC Fraud

10 June 2024 at 08:57

Officials from the Directorate General of GST Intelligence (DGGI), Coimbatore, have arrested an individual for availing of fake input tax credit amounting to ₹37.2 crore and passing on fake input tax credit worth ₹65.42 crore.

Posted in GST | 873 Views

DGGI Investigates Airlines Retaining Taxes from No-Show Passengers

10 June 2024 at 08:57

In a recent move, the Directorate General of Goods and Services Tax Intelligence (DGGI) has launched investigations into airlines retaining taxes collected from customers in no-show scenarios

Posted in GST | 660 Views