It was evident that Shri Rakesh Kumar Jain was using multiple firms to avail and pass on fake ITC on bogus invoices and E-Way Bills without actual supply of goods. The quantum of GST evaded by him is more than Rs. 85 crore.
CGST Ghaziabad arrested 1 person in follow up of an earlier case which involved GST fraud of Rs. 630 crs. in value and fake ITC of approx 100 crs. by creating 50 bogus firms, using multiple PAN, mobile numbers and bank accounts.
Shri Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR) & MSME IDEA HACKATHON 2022 under MSME Champions Scheme
User Interface (UI) with respect to the address fields in the Registration Application GST REG-01 has been enhanced
CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022.
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal today said the Venture capitalists have played a pivotal role in India’s Startup story and in economic growth of the country.
Reserve Bank clarifies on the mode of receipt of complaints under Reserve Bank - Integrated Ombudsman Scheme 2021(RB-IOS)
Delegation of CA Maldives visited ICAI
Reserve Bank of India launches (a) UPI for Feature Phones (UPI123pay) and (b) 24x7 Helpline for Digital Payments (DigiSaathi)
Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages the potential of youth, their technological skills and entrepreneurial spirit.