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
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).
Mumbai (Maharashtra) [India], August 9 (ANI/NewsVoir): Axis Bank becomes the first Indian bank to launch Axis Receivables Suite (ARS)-an innovative Cash Management proposition that simplifies Receivables reconciliation, accelerates cash flow, enhances the client experience and reduces the co
New Delhi [India] July 26 (ANI/BusinessWire India): A new study by SAP Concur, a provider for integrated travel, expense and invoice management solutions has discovered that while managing corporate travel 96 per cent of all businesses across India say their companies are actively focusing o
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.
Bangalore (Karnataka) [India], June 2 (ANI/BusinessWire India): Clear (formerly ClearTax), India's largest fintech SaaS company, today announced that its ClearTax Compliance Add-on 1.0 interface is certified by SAP® as integrated with SAP NetWeaver®. The software will enable integr
Bengaluru (Karnataka) [India], June 1 (ANI/BusinessWire India): Bengaluru headquartered business accounting platform Vyapar has acquired SaaS startup NeoDove for an undisclosed amount. This is Vyapar's first acquisition with which it hopes to further strengthen and step up its efforts to cat
Pune (Maharashtra) [India], March 29 (ANI/PNN): Tight The Nut (TTN), a Pune-based automotive technology company that is revolutionising the way the unorganised automotive industry works, is expanding in South East Asia.
Faridabad (Haryana) [India], February 24 (ANI): Central Goods and Services Tax (CGST) Commissionerate, Faridabad, of Panchkula CGST Zone, arrested two persons for running a fake billing racket, involving five dummy firms, dealing in trading of iron scrap, registered in Faridabad, Haryana, fo
Belapur (Maharashtra) [India], February 19 (ANI): CGST Commissionerate, Belapur arrested one of the Directors of M/s. Fantasia Trade Pvt. Ltd., Navi Mumbai for availing and passing on of inadmissible fake Input Tax Credit (ITC) of Rs 81 Crore by using bogus invoices of Rs 479 Crore, said the
Mumbai (Maharashtra) [India], February 18 (ANI): CGST (Central Goods and Services Tax) Commissionerate, Raigad busted a fake ITC racket and arrests the proprietor of a Kalamboli-based firm Ashok Metal Scrap for being engaged in availing and passing on fake GST Input Tax Credit (ITC) of Rs 12
Mumbai (Maharashtra) [India], February 4 (ANI): Officers of CGST Mumbai South has busted a network of fictitious firms that issued fake invoices of Bullion of approximately Rs 1,650 crore and fake Input Tax Credit (ITC) of Rs 49.7 crore, said a press release on Friday.