GST News

53rd GST Council Meeting: Key Highlights

22 June 2024 at 20:28

The 53rd GST Council meeting, held today, introduced several significant changes aimed at easing the tax burden on taxpayers and reducing litigation.

Posted in GST | 13620 Views

E-Way Bill Generation Reaches Second All-Time High in May with 10.32 Crore

21 June 2024 at 08:58

In an unexpected surge, e-way bill generation in India reached 10.32 crore in May, marking the second-highest level since the system's inception.

Posted in GST | 882 Views

GST Authorities Withdraw Rs 202.83 Crore GST Demand Against Jagran Prakashan

21 June 2024 at 08:53

In a significant relief to Jagran Prakashan, the publisher of the widely-read Hindi daily Dainik Jagran, the government has rescinded a substantial goods and services tax (GST) demand totaling Rs 202.83 crore.

Posted in GST | 5388 Views

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 | 1179 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 | 4332 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 | 6336 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 | 3282 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 | 1869 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 | 2196 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 | 1233 Views