GST News

GSTN releases Advisory related to changes in GSTR-5A

28 October 2023 at 08:52

Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies)

Posted in GST | 3459 Views

Supreme Court Seeks Finance Ministry's Response on Revised GST Returns

27 October 2023 at 08:55

The Supreme Court has recently issued a notice in a Writ Petition seeking the availability of an option for revised returns on the GSTIN Portal.

Posted in GST | 11058 Views

GST Notices: Tax Authorities Must Address Taxpayer Concerns

27 October 2023 at 08:55

In recent weeks, the central and state GST authorities have issued demand notices to a large number of companies spanning various sectors, including consumer durables, smartphones, insurance, online gaming, and service providers.

Posted in GST | 2787 Views

Police Conduct Raid on GST Inspector's Quarters with Magistrate's Warrant

26 October 2023 at 08:40

Standoff Over Gold Smuggling Investigation Escalates: Police Raid GST Inspector's House Amid Legal Controversy

Posted in GST | 8511 Views

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 | 4932 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 | 4830 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 | 2295 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 | 3840 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 | 3396 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