Search For "input tax credit"
Mumbai: CGST Bhiwandi busts fake invoice racket worth Rs 132 crores, one h
Updated : 3 years, 8 months ago IST
New Delhi [India], September 11 (ANI): The Bhiwandi Commisionerate of Central Goods and Services Tax (CGST) in Mumbai Zone busted a fake invoice racket worth Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.
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Indore: CGST dept detects Rs 4.6 cr of ineligible ITC in two cases, 3.5 re
Updated : 3 years, 8 months ago IST
Indore (Madhya Pradesh) [India], September 8 (ANI): Two people were booked by the Indore CGST Commissionerate under two cases regarding ineligible credit of approximately Rs 4.6 Crores, a release by the Commissioner stated.
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CGST Navi Mumbai arrests a lady director for fake input tax credit
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 7 (ANI): CGST, Navi Mumbai, on Wednesday arrested a lady director handling the business activities of Robosteel Trading Pvt Ltd for involvement in fake Input Tax Credit (ITC).
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CGST Bhiwandi arrests 1 for availing fake input tax credit through bogus i
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Officials of the Central Goods and Service Tax (CGST) Bhiwandi Commissionerate in Mumbai Zone have busted a fake GST invoice racket, which they said was used to avail and pass on fake input tax credit (ITC) worth around Rs18 crore through bog
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Mumbai: Bhiwandi Commissionerate busts fake GST invoice racket; one held
Updated : 3 years, 9 months ago IST
Bhiwandi (Maharashtra) [India], August 19 (ANI): The Bhiwandi Commisionerate of Central Goods and Services Tax (CGST) in Mumbai Zone busted a fake GST invoice racket which used to avail and pass fake Input Tax Credit (ITC).
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DGGI Gurugram arrests one person for GST fraud, tax evasion
Updated : 3 years, 10 months ago IST
New Delhi [India], July 13 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram zonal unit has arrested one person for fraudulently availing input tax credit (ITC) and evading GST to the tune of Rs 52.04 crore, the Union Ministry of Finance said on Wednesday.
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GST State Enforcement Wing busts ITC fraud of Rs 311 crore
Updated : 3 years, 10 months ago IST
Bhubaneswar (Odisha) [India], July 7 (ANI): The State Goods and Services Tax (GST) Enforcement Wing of Odisha has unearthed a network of 24 fictitious firms generating fake invoices without the supply of goods and passing fake Input Tax Credit (ITC) to multiple beneficiaries.
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Maharashtra: CGST officials bust fake input tax credit racket worth Rs 14
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The officials of Bhiwandi Commissionerate of CGST Mumbai Zone have arrested the proprietor of Bswar Industries who was involved in availing and passing on of fake Input Tax Credit (ITC) of Rs 14.4 crore using bogus bills of Rs 73 crore.
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One held for fraudulently availing ITC of over Rs 160 cr through network o
Updated : 4 years ago IST
New Delhi [India], May 18 (ANI): Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of more than Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms in tandem with various
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Finsights.biz launches GST ITC Reconciliation Platform for CAs and MSMEs
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 14 (ANI/BusinessWire India): Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation.
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Man arrested by DGGI Gurugram officials for input tax credit fraud of Rs 1
Updated : 4 years, 1 month ago IST
New Delhi [India], April 11 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit, has arrested a person "found to be involved in availing and passing fraudulent Input Tax Credit (ITC) of Rs 16.74 crore" without receipt of goods from different fake, suspended and non-
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Bring petrol, diesel under GST to ease inflationary burden: PHDCCI
Updated : 4 years, 1 month ago IST
New Delhi [India], March 26 (ANI): Retail price of petrol and diesel has been increased by Rs 3.2 per litre in the last five days. Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of ot
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