Chennai: The CGST Chennai north commissionerate uncovered a major fake GST invoice racket that generated fraudulent Input Tax Credit (ITC) worth 50.85 crore on bogus invoices estimated at around 300 ...
During the hearing, Malik’s counsel argued that the prosecution had relied on assumptions rather than a quantified allegation ...
Several GST practitioner and tax professional associations across the country have urged tax authorities to extend the filing ...
Create a CRM using Excel with dropdown customer selection and FILTER plus XLOOKUP, saving time while keeping leads and deals ...
In Sudhan VFX Vs Superintendent (Madras High Court), the petitioner challenged a GST recovery notice demanding Rs. 39,60,000 for IGST for services allegedly supplied between 4th and 5th July 2023. The ...
The Centre has acknowledged a sharp rise in GST evasion and Input Tax Credit (ITC) frauds, where bogus or dummy entities were found to be used as fronts for fake invoicing. In a tabulated scale of ...