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Latest Articles in gst

GST Officers Arrest Two For Passing Bogus ITC Worth Rs 392 Cr To Essel Group Cos

Investigations indicate that a layer of genuine looking fictitious intermediary companies was created to pass on bogus ITC from non-existent and fake firms to the companies of Essel Group without actual supply of any goods or services.

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12 persons including a CA arrested in a single day for fake GST invoice frauds

12 persons including a CA arrested in a single day for fake GST invoice frauds

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Air India refutes Manu Bhaker's allegations of misbehaviour, bribery by officials

Air India refutes Manu Bhaker's allegations of misbehaviour, bribery by officials

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Release pending GST compensation, extend period beyond 5 yrs: Punjab CM to Centre

Release pending GST compensation, extend period beyond 5 yrs: Punjab CM to Centre

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Centre releases 17th installment of Rs 5,000 cr GST compensation shortfall to states

Centre releases 17th installment of Rs 5,000 cr GST compensation shortfall to states

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Punjab to amend industrial policy to avail incentives through extension of GST formula

Punjab to amend industrial policy to avail incentives through extension of GST formula

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Centre committed to bringing natural gas under GST regime; plans to spend Rs 7.5 lakh crore on infrastructure: PM Modi

Centre committed to bringing natural gas under GST regime; plans to spend Rs 7.5 lakh crore on infrastructure: PM Modi

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Pune businessman held for issuing Rs 110 cr bogus invoices

Pune businessman held for issuing Rs 110 cr bogus invoices

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Centre releases 16th instalment of Rs 5,000 crore to states to meet GST compensation shortfall

Centre releases 16th instalment of Rs 5,000 crore to states to meet GST compensation shortfall

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Rs 14.92 crore raised on ImpactGuru.com to cover treatment expenses of a 5-month-old

Rs 14.92 crore raised on ImpactGuru.com to cover treatment expenses of a 5-month-old

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New agriculture cess will fund farm infrastructure, says FM Sitharaman

New agriculture cess will fund farm infrastructure, says FM Sitharaman

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14th Installment of Rs 6,000 crore released to States to meet GST shortfall

14th Installment of Rs 6,000 crore released to States to meet GST shortfall

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Weeding Out Instances Of Fake Invoicing: Reformations, Recourses And Recommendations

The existing mechanism also does not entail any filter which could bifurcate recipients into innocent and blameworthy, thereby jeopardizing the interests of recipients who did not intend to retain the benefit.

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FM Announces Removal Of 400 Old Exemptions, Measures To Reduce Anomalies In GST

Sitharaman's assertions came a day after the Finance Ministry on Sunday announced that Goods and Services Tax (GST) collections for January 2021 touched an all-time high of Rs 1.19 lakh crore since the introduction of GST regime.

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GST revenue collection at all-time high in January, almost touches Rs 1.20 lakh cr

GST revenue collection at all-time high in January, almost touches Rs 1.20 lakh cr

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