Search For "input tax credit"
DGCI arrests 215 people in fake invoice cases in 2 months
Updated : 5 years, 4 months ago IST
New Delhi [India], January 10 (ANI): As many as 215 people have been arrested in the last two months by the Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates in their concerted drive across the country against GST fake invoice frauds.
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IT dept conducts surveys at Flipkart, Swiggy HOs
Updated : 5 years, 4 months ago IST
Bengaluru (Karnataka) [India], January 7 (ANI): The Income Tax Department is conducting a survey at Instakart (a group company of Flipkart) and food ordering and delivery company Swiggy here in connection with an alleged bogus input tax credit (ITC) connected to an external vendor, source
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DGGI arrests 3 for fraudulently claiming input tax credit of Rs 12.90 cr
Updated : 5 years, 4 months ago IST
New Delhi [India], December 31 (ANI): The Directorate General of GST Intelligence (DGGI), North Zone, Gurugram has arrested three persons for fraudulently claiming input tax credit of Rs 12.90 crores.
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Mandatory payment of 1 pc of GST liability in cash rule will affect less t
Updated : 5 years, 4 months ago IST
New Delhi [India], December 26 (ANI): With apprehensions being raised in social and print media about the requirement of a mandatory cash payment of at least one per cent of the Goods and Services Tax (GST) liability, the Finance Ministry on Saturday clarified that it will affect less than h
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Man held for GST fraud of over Rs 10 cr remanded 14-day judicial custody
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], December 12 (ANI): Chandraprakash Pandey - partner of M/s CP Pandey and Associates - who was arrested on December 10 for his alleged involvement in over Rs 10 crore Goods and Service Tax (GST) fraud, has been remanded to judicial custody for 14 days.
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1.63 lakh GST registrations cancelled due to non filing of GSTR-3B returns
Updated : 5 years, 5 months ago IST
New Delhi [India], December 11 (ANI): To handle the menace of fake firms, fly-by-night operators, and circular trading entities, the Gross and Service Tax (GST) field formations have cancelled 1,63,042 registrations in the month of October and November this year due to non-filing of GSTR-3B
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One held for illegally availing input tax credit on invoices without goods
Updated : 5 years, 5 months ago IST
New Delhi [India], December 8 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested a person for allegedly illegally availing input tax credit on invoices without goods.
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GST Fake Invoice Fraud: 104 held within 3 weeks, bail rejected for kingpin
Updated : 5 years, 5 months ago IST
New Delhi [India], December 5 (ANI): The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates within three weeks of the nationwide concerted drive against GST fake invoice frauds have arrested so far 104 unscrupulous persons for illegally availing or passing on input
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CBIC releases SOP for physical verification of entities to counter fake in
Updated : 5 years, 5 months ago IST
New Delhi [India], November 29 (ANI): As a part of its strategy to counter Goods and Services Tax (GST) fake invoice frauds via search and surveys leading to arrests and booking of cases against fake entities involved in availing and passing on input tax credit (ITC) fraudulently, the Centra
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One held by DGGI Rohtak for issuing fake invoices of input tax credit
Updated : 5 years, 5 months ago IST
Rohtak (Haryana) [India], November 24 (ANI): The Directorate General of GST Intelligence (DGGI) on Monday arrested one person in Haryana's Hisar pertaining to the ongoing investigation of fraudulent passing of Input Tax Credit (ITC).
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Law Committee of the GST Council suggests measures to tackle fake invoices
Updated : 5 years, 6 months ago IST
New Delhi [India], November 22 (ANI): The Law Committee of the GST Council after its intense deliberations on the issues of GST fake invoice frauds, spread over two days, has suggested two-pronged manifold measures that would warrant on the one hand to tackle the menace of fake invoices and
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Law Committee of GST Council to meet on Wednesday to discuss fake invoices
Updated : 5 years, 6 months ago IST
New Delhi [India], November 16 (ANI): An urgent meeting of the Law Committee of the Goods and Service Tax (GST) Council has been convened on Wednesday here in New Delhi to discuss in detail the issue of fake invoices to claim input tax credit under the indirect tax regime.
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