The Shipping Ministry is seeking tax parity for Indian-flagged ships to boost their global competitiveness. A proposal is being discussed with the Finance Ministry to address high IGST, blocked GST credits and other levies.
Taxpayers with only B2C supplies face GSTR-1 Table 12A errors if left blank. Learn the workaround and upcoming system upgrades for smooth GST return filing.
West Bengal extends audit deadline under Section 65 of the WBGST Act for FY 2021–22. Audits now must be completed by August 22, 2025, or three months from commencement, whichever is later. Read full details here.
Three individuals from Ajmer became unwitting victims in a Rs 145 crore GST fraud after their documents were misused to open fake firms in Mumbai. Transactions using their PANs and Aadhaar cards triggered GST notices and police inquiries.
DGGI Bengaluru Unit uncovers six shell companies with fraudulent invoices worth Rs. 266 crore involving Rs. 48 crore fraudulently claimed Input Tax Credit; mastermind arrested
Sadar Kotwali police in Rae Bareli arrest two men linked to a Rs 10.76 crore GST evasion case involving fake firms and bogus invoicing. The accused confessed to operating under a larger money laundering syndicate.
GSTAT has released User Manual Version 2.6 to support taxpayers, officials, and legal representatives in using its upgraded e-Filing portal. The guide simplifies online registration, appeal filing, application re-filing, and document uploads.
ED files chargesheet in Rs 734 crore GST fraud case involving 135 shell companies. Four masterminds behind fake ITC racket arrested and assets worth Rs 14.9 crore attached.
Two men booked in Prayagraj for Rs 17 crore GST fraud. SGST officials expose shell companies, fake electricity bills and illegal ITC claims.
A daily-wage labourer from Lakhimpur Kheri district, Mohd Saeed, has received an income tax notice for Rs 9.3 crore turnover in the financial year 2020-21, despite having no involvement in any business activity.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027