FM held meeting with ICAI delegation to discuss various issues, including ongoing investigations by CGST Gurugram

Last updated: 23 May 2022

Save Share

Quick Summary

Finance Minister Nirmala Sitharaman met with a delegation from the Institute of Chartered Accountants of India (ICAI) to address concerns, particularly regarding ongoing investigations by CGST Gurugram. These investigations focus on the alleged involvement of ICAI members in fraudulent GST refunds. The meeting also saw the announcement of suspensions for a GST Deputy Commissioner and a superintendent, with the ICAI pledging to uphold professional discipline among its members.

Smt Nirmala Sitharaman held a meeting with ICAI delegation, led by VP Shri Aniket Sunil Talati. The MoF had invited the ICAI on Saturday to discuss various issues, including ongoing investigations by CGST Gurugram into alleged role of their members in fraudulent GST refunds.

The representatives of the ICAI were informed of the suspension of a Deputy Commissioner of GST on Sunday and a superintendent on Saturday itself. Smt Nirmala Sitharaman was appreciative of the steps taken by the ICAI on engagement with stakeholders.

Nirmala Sitharaman Meets ICAI Over GST Fraud Investigations

The ICAI representatives informed Smt Nirmala Sitharaman that they'll continue to use recently-enacted 'CA, CWA and CS Act' for the inculcation of professional discipline & integrity among its members. CBIC Chairman Shri Vivek Johri was also present during the meeting.

FAQ :

Smt Nirmala Sitharaman, the Finance Minister, met with the ICAI delegation.

A key issue discussed was the ongoing investigations by CGST Gurugram into the alleged role of ICAI members in fraudulent GST refunds.

Yes, a Deputy Commissioner of GST was suspended on Sunday, and a superintendent was suspended on Saturday.

The ICAI representatives informed the Finance Minister that they will continue to use the recently-enacted 'CA, CWA and CS Act' to foster professional discipline and integrity among their members.

The CBIC Chairman, Shri Vivek Johri, was also present during the meeting.

7896 Views Comment Share GST Report

News posted by

CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

View News

Comments :