The Belagavi zonal unit of DGGI has uncovered a GST fraud racket worth about Rs 593 crore, linked to Star Tax Consultant in. Mohammad Saifullah, identified as the mastermind, orchestrated the issuance ...

Major updates include GST refund clarification by Supreme Court, RBI FEMA amendments, DGFT export schemes, and important AAR ...

Businesses facing Goods and Services Tax (GST) scrutiny are being increasingly asked to prove the authenticity of their transactions through detailed documentation, rather than relying solely on ...

Chandigarh: A Ludhiana-based businessman has been arrested for an alleged Goods and Services Tax (GST) fraud amounting to Rs 9 crore, Punjab Finance Minister Harpal Singh Cheema said on Thursday.

One of the most common objections raised during GST audits and investigations is that a taxpayer “should not have done business with a supplier whose GST registration was cancelled, especially where ...

The Goods and Services Tax (GST) has revolutionized how businesses handle invoices and tax compliance in many countries, including India. Understanding GST invoices post-registration is crucial for ...

BlackRock BLK-2.01%decrease; red down pointing triangle went all in on Wall Street’s booming business of private lending last July when it acquired HPS Investment Partners, a firm founded by alumni of ...

A key recommendation from the OECD’s latest health check on the Australian economy, released last month, is to increase the rate of goods and services tax and broaden the base, while lowering income ...

Despite tighter enforcement and analytics-driven scrutiny, fake invoices and input tax credit (ITC) frauds under the Goods and Services Tax (GST) regime continue to surface on a large scale. The GST ...

Kanpur: Police arrested seven people for allegedly stealing input tax worth about Rs 7 crore by creating fake firms and invoices. A laptop, fake GST invoices and e-bills, and a car without a number ...

The GST Council, in its next meeting, is likely to further ease the process of registration, refund and audit, a top Finance Ministry official told businessline. He also said the new provisions for ...