₹144 crore inter-state bogus GST billing racket unearthed
The Directorate General of GST Intelligence (DGGI), Ludhiana zone, claimed to have busted an inter-state ₹144 crore bogus billing racket, wherein…
Category: News
GST collection for June 2021 dips below Rs 1 lakh crore
The gross GST revenue collected in the month of June’ 2021 is₹92,849 crore of which CGST is ₹16,424 crore, SGST is ₹20,397, IGST is ₹49,079…
Rs 213 crore fake GST credit refund racket busted
In what is said to be first of its kind case, investigation wing of the central GST department has reported…
NTPC reverses Rs 350 crore input tax credit after GST notice
The National Thermal Power Corporation (NTPC) has returned Rs 350 crore input tax credit (ITC) it received on the coal…
Allow buyers to claim ITC even if supplier defaults in depositing GST: PHD Chamber
Ahead of GST Day on July 1, industry body PHD Chamber of Commerce has raised the issue of blocking input tax credit and said…
Orissa HC asks auto driver to reply to GST notice over Rs 148 crore fraud
The Orissa High Court has directed an auto-rickshaw driver to file a reply to a show-cause notice issued to him…
GST officials seize ₹1.7 crore from a private bank locker
During the course of a follow-up investigation, officers from the Directorate General of GST Intelligence (DGGI), Visakhapatnam, have seized cash…
Pandemic-hit travel and tourism sector seeks GST rationalisation
Lower taxes may help boost domestic travel, but the lack of a uniform policy on inter-state movement remains a hurdle,…
E-way bills signal coming jump in GST collections
India’s Goods and Services Tax (GST) revenue collections are likely to stage a recovery from July after falling in May…
Technical glitches continue to bedevil modified income tax website
Technical glitches continue to bedevil the modified income tax website on the second day prompting finance minister Nirmala Sitharaman to…
₹ 1,02,709 crore gross GST revenue collected in May
The gross GST revenue collected in the month of May 2021 is ₹1,02,709 crore of which CGST is ₹17,592 crore, SGST is ₹22,653, IGST…
GST Council refers composition scheme for ice cream makers back to Fitment Committee
The ice cream sector will have to wait to be included in the Composition Scheme of Goods & Services Tax,…