India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.
The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...
Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...
Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...
The accused were earlier arrested by Itanagar Police from Darbhanga in a forgery case on a complaint lodged by the CGST ...
The Directorate General of GST Intelligence (DGGI ... and facilitated the fraudulent availing and passing of fake Input Tax ...
The latest demand imposes a GST liability of Rs 7.47 crore, including tax and penalty, on Paytm for allegedly availing ...
The DGGI’s Bengaluru zonal unit conducted searches at more than 30 locations across Bengaluru and Mumbai, uncovering a ...
BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...
The Central GST Commissionerate, Itanagar, has unearthed a racket involving the issuance of fake invoices valued at Rs 658.55 ...
The Gujarat High Court on Thursday (February 6) dismissed the regular bail plea of journalist Mahesh Langa in an alleged case ...
The Directorate General of GST Intelligence (DGGI) uncovered a Rs 3,200 crore GST fraud, arresting two individuals. The ...