Search For "tax credit"
3 held for fraudulent input tax credits claims of Rs 557 cr, creating 246
Updated : 3 years ago IST
All three accused were produced before Economic Offence Court, Meerut on Wednesday and have been remanded for judicial custody till August 8, 2023.
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CGST Delhi busts input tax credit nexus of over Rs 50 cr; 1 held
Updated : 3 years, 1 month ago IST
Officials at the CGST Delhi West Commissionerate have busted a fake GST invoice nexus and found multiple firms accumulated ineligible 'input tax credit' of more than Rs 50 crores.
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Multi-state tax fraud syndicate involving Rs 1,047 cr busted, mastermind a
Updated : 3 years, 1 month ago IST
In a release, the Ministry of Finance said the syndicate was operating 569 fake firms and through them created huge fraudulent Input Tax Credit of Rs 1,047 crore.
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Senior official of Chinese smartphone maker arrested for ITC fraud of Rs 1
Updated : 3 years, 5 months ago IST
A senior official of a Chinese smartphone maker in Maharashtra's Thane was arrested on Wednesday for allegedly fraudulently availing input tax credit (ITC) worth Rs 19 crore through fake invoices, an official said.
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Delhi South CGST unearths fake invoicing racket involving tax evasion of R
Updated : 3 years, 5 months ago IST
The Central Goods and Service Tax (CGST) Delhi South Commissionerate has busted a racket of firms fraudulently claiming Input Tax Credit (ITC) of Rs 17 crore and arrested two people in connection with the matter.
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CGST arrests proprietor for illegally availing fake input tax credit of Rs
Updated : 3 years, 9 months ago IST
A team of officers of anti-evasion, CGST and Commissioner, Navi Mumbai, conducted enquiry against the firm. The firm had availed and utilised ITC of Rs 10.48 crore which has been received from bogus/fake entities on the strength of bogus invoices received and passed on the same
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Cygnet TaxTech launches Vendor Postbox, a root cause fix to maximize Input
Updated : 3 years, 10 months ago IST
Ahmedabad (Gujarat) [India], October 4 (ANI/PNN): Cygnet TaxTech, part of Cygnet Infotech has launched Vendor Postbox.
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Mumbai: CGST Bhiwandi busts fake invoice racket worth Rs 132 crores, one h
Updated : 3 years, 11 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, 11 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, 11 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 : 4 years 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 : 4 years 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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