Search For "input tax credit"
Maharashtra: CGST officials bust fake input tax credit racket worth Rs 14
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], May 25 (ANI): The officials of Bhiwandi Commissionerate of CGST Mumbai Zone have arrested the proprietor of Bswar Industries who was involved in availing and passing on of fake Input Tax Credit (ITC) of Rs 14.4 crore using bogus bills of Rs 73 crore.
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One held for fraudulently availing ITC of over Rs 160 cr through network o
Updated : 1 month, 2 weeks ago IST
New Delhi [India], May 18 (ANI): Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of more than Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms in tandem with various
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Finsights.biz launches GST ITC Reconciliation Platform for CAs and MSMEs
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], April 14 (ANI/BusinessWire India): Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation.
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Man arrested by DGGI Gurugram officials for input tax credit fraud of Rs 1
Updated : 2 months, 3 weeks ago IST
New Delhi [India], April 11 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit, has arrested a person "found to be involved in availing and passing fraudulent Input Tax Credit (ITC) of Rs 16.74 crore" without receipt of goods from different fake, suspended and non-
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Bring petrol, diesel under GST to ease inflationary burden: PHDCCI
Updated : 3 months, 1 week ago IST
New Delhi [India], March 26 (ANI): Retail price of petrol and diesel has been increased by Rs 3.2 per litre in the last five days. Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of ot
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Delhi: CGST officials bust syndicate of firms in GST evasion
Updated : 3 months, 3 weeks ago IST
New Delhi [India], March 11 (ANI): CGST officials on Thursday arrested a man and busted a syndicate of firms who were engaged in availing and utilising fake Input Tax Credit (ITC) of Goods and Services Tax (GST).
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Maharashtra: CGST officials bust fake input tax credit racket worth Rs 13
Updated : 3 months, 4 weeks ago IST
Raigad (Maharashtra) [India], March 5 (ANI): A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.
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Tax officials bust network availing fake input tax credit benefits under G
Updated : 4 months, 1 week ago IST
Mumbai (Maharashtra) [India], February 25 (ANI): Central Goods and Services Tax (CGST) Commissionerate, Mumbai zone, on Friday said it has busted a network involved in availing fake input tax credit benefits under goods and services tax.
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Two arrested by Faridabad CGST Commissionerate for issuing fake invoices o
Updated : 4 months, 1 week ago IST
Faridabad (Haryana) [India], February 24 (ANI): Central Goods and Services Tax (CGST) Commissionerate, Faridabad, of Panchkula CGST Zone, arrested two persons for running a fake billing racket, involving five dummy firms, dealing in trading of iron scrap, registered in Faridabad, Haryana, fo
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Maharashtra: CGST Commissionerate Belapur arrests director of a firm for G
Updated : 4 months, 1 week ago IST
Belapur (Maharashtra) [India], February 20 (ANI): After one of the directors of a firm was arrested by CGST Commissionerate, Belapur on Sunday, Advocate Prasannan Namboodiri, representing the company said that that all the transactions were genuine.
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Maharashtra: CGST Commissionerate Belapur arrests director of a firm for G
Updated : 4 months, 1 week ago IST
Belapur (Maharashtra) [India], February 19 (ANI): CGST Commissionerate, Belapur arrested one of the Directors of M/s. Fantasia Trade Pvt. Ltd., Navi Mumbai for availing and passing on of inadmissible fake Input Tax Credit (ITC) of Rs 81 Crore by using bogus invoices of Rs 479 Crore, said the
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Maharashtra: CGST Commissionerate Raigad busts Rs 12 cr fake Input Tax Cre
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], February 18 (ANI): CGST (Central Goods and Services Tax) Commissionerate, Raigad busted a fake ITC racket and arrests the proprietor of a Kalamboli-based firm Ashok Metal Scrap for being engaged in availing and passing on fake GST Input Tax Credit (ITC) of Rs 12
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