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 ...
GST 2.0 has, by and large, settled in. RBI pegs GDP growth at roughly 6.8%, and international agencies continue to endorse India's resilient growth prospects. Revenue collections remain buoyant ...
Number formats in Microsoft Excel define how data is displayed in your spreadsheet without changing the underlying values. As well as using number formats to present data as dates, times, percentages, ...
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 ...
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