The Goods and Services Tax Network (GSTN) has released an updated advisory with regard to reporting of Goods and Services Tax (GST) Invoices on the Invoice Reporting Portal. The updated advisory makes it compulsory to
Two people have been arrested by the Headquarter Preventive Wing of the Central GST Commissionerate for allegedly issuing fake GST invoices of approximately Rs 700 crore. CGST officials acted upon intelligence and busted the modus
The Goods and Services Tax ( GST ) portal has issued an advisory to all the taxpayers on invoice series to be used from 1st April 2019. “Attention of all taxpayers is invited to Rule
The Goods and Services Tax system, to simplify the taxation process, has also turned into a tool for scammers to avoid paying taxes. Smaller companies and customers may experience difficulties as a result of the
The Government has warned the use of fake invoices resulting in evasion of Goods and Services Tax ( GST ) and directed the officers to take strict measures to curb such practices. Speaking on the
Four persons, including a Chartered Accountant was arrested by the Goods and Services Tax (GST) officials for tax evasion through creating fake invoices and thereby duping the government. The directorate general of GST, Bangalore city
Taxpayers can now file complaints related to Goods and Services Tax ( GST ) on the GST Grievance Redressal Portal, according to the Ministry of Finance. The portal provides taxpayers with assistance on GST registration,
In order to bring an effective tool to curb tax evasion under the Goods and Services Tax ( GST ) regime, the Central Government is planning to launch the system of electronic invoice. The new
The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of the amount of penalty for non-compliance to Goods and Service Tax (GST) Invoice QR code provisions between the period from 1 December
The Central Board of Indirect Taxes (CBIC) on Monday issued the procedure to be followed in cases of manufacturing or other operations undertaken in special warehouses under section 65 of the Customs Act. The Board
The Central Government is preparing to introduce a mobile application named 'Mera Bill Mera Adhikar' for both iOS and Android platforms, as part of the 'Mera Bill Mera Adhikar Scheme'. A notable aspect of this
The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that in case of failure to satisfy the mandatory requirement of inserting place of supply and the name of the State in
The Gauhati High Court granted bail to the person alleged of selling Coal without issuing GST invoices. The petitioner, Vikas Bansal submitted that whatever coal he had purchased from Coal Importers of Gujarat and Punjab
GST Evasion came to the notice of the officers of the DGGI, Zonal Unit, Surat that the Firms M/s Tanishk Fashion, 3086-87-88, Radha Raman Textile Market, Saroli and M/s Riddhi Siddhi Fashion, 736, New Textile
The Institute of Chartered Accountants of India (ICAI) has initiated disciplinary proceedings against 8 Chartered Accountants (CAs) who were arrested in the nationwide drive against fake GST invoice frauds since November 2020. Reportedly, the Institute