An inter-state racket engaged in generating fake GST invoices was busted in the city on Saturday. Preliminary enquiry has confirmed a tax evasion of ₹ 50.85 crore involving 12 entities in northern ...

If you use Excel 40 hours a week (and those are the weeks you are on vacation), welcome to the MrExcel channel. Home to 2,400 free Excel tutorials. Bill "MrExcel" Jelen is the author of 67 books about ...

Gift 5 articles to anyone you choose each month when you subscribe. Bashing the Commonwealth Grants Commission’s formula for distributing the GST is a bipartisan sport in NSW. In 2018, the Coalition ...

India is weighing in on the possibility of “phasing out” its “transit pass” system for mineral transport, and replace the same with mandatory GST invoicing for every truckload of (iron) ore. Taken up ...

Police have seized four mobile phones, eight SIM cards, a laptop, a car, GST-related documents and a rent agreement from the accused. A former employee of a private firm in Noida has been arrested for ...

Running a small business means managing a long to-do list every week. From marketing and customer support to order processing and invoicing, most days are spent juggling multiple responsibilities at ...

When the financial year closes, many businesses make bulk purchases in March to optimise their GST outflow, but experts warn that this strategy can backfire. CA Nitin Kaushik explains that input tax ...

A raft of forecasting errors by NSW Treasury, including failures to update formulas in Excel software discovered in multiple state budgets, led Treasurer Daniel Mookhey to claim last year the state ...

Rule 46 (b) of the CGST Rules 2017 specifies that the tax invoice issued by a registered person should have a consecutive serial number, not exceeding sixteen characters, in one or multiple series, ...

In what could be one of the biggest GST frauds uncovered in central India, the Economic Offences Wing (EOW) has unearthed a fake invoicing scam worth Rs 512 crore and fraudulent Input Tax Credit (ITC) ...