GST officers have detected cases of ITC evasion of Rs 35,132 crore by 17,818 fake firms between April-October and arrested 69 ...
GST officers identified 18,876 fraud cases during April-October FY2025, recovering Rs 1,062 crore and blocking Rs 5,422 crore ...
GST officers have detected cases of ITC evasion of Rs 35,132 crore by 17,818 fake firms between April-October and arrested 69 ...
However, the court clarified that under the GST framework, Section 17 (5) (h) expressly prohibits ITC claims on goods disposed of as gifts or free samples. It further stated that earlier rulings under ...
State Taxes Department (STD) has taken strict measures to curb the menace of fake Input Tax Credit (ITC) by conducting inspections and enforcement drives across several districts of Jammu division.
Finance Minister Nirmala Sitharaman on Monday (December 2) said the cost of insurance to the policy holder is expected to ...
The court highlighted that Section 74 of the Central Goods and Services Tax Act (CGST Act), which deals with fraud, willful ...
GST officials have unveiled a substantial ITC evasion network involving 17,818 fake firms amounting to Rs 35,132 crore from April to October. By intensifying actions through data analytics and ...
CHENNAI: In a significant verdict, the Madras High Court has upheld the authority of the State Goods and Services Tax (GST) ...
A Group of Ministers proposal for 35 per cent GST slab has triggered uncertainty over whether the rate is for sin goods such ...
Assocham has urged the government to grant input tax credit (ITC) to managed workspace companies for fitout services provided ...
Since the implementation of GST in 2017, Telangana has garnered Rs 3.31 lakh crore in total GST revenue, highlighting significant growth over the years and ongoing reforms initiated by the Centre.