GST Fraud Crackdown: Over 25,000 Fake Firms Illegally Claimed ₹61,545 Cr ITC in FY25
GST officers from the Centre and states have found more than 25,000 fake companies involved in illegally claiming input tax credit (ITC) worth Rs....
GST SCN Must Specify Fraud or Misstatement for initiating S. 74 Proceedings: Allahabad HC [Read Order]
In a recent ruling, the Allahabad High Court held that a Goods and Services Tax ( GST ) Show Cause Notice must specify allegations of fraud, willful misstatement, or suppression of facts to invoke...
![GST SCN Must Specify Fraud or Misstatement for initiating S. 74 Proceedings: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Allahabad-High-Court-GST-SCN-GST-SCN-Must-Specify-Fraud-Taxscann.jpg "GST SCN Must Specify Fraud or Misstatement for initiating S. 74 Proceedings: Allahabad HC [Read Order]")
![De-mapping of Officers on GSTN portal: CBIC issues Instructions [Read Instruction]](https://www.taxscan.in/wp-content/uploads/2024/10/CBIC-GSTN-GSTN-portal-De-mapping-of-Officer-taxscan.jpg "De-mapping of Officers on GSTN portal: CBIC issues Instructions [Read Instruction]")
GSTN issues Advisory on issuance of Notices/Orders without Digital Signatures of the issuing Authorities
In a recent advisory, the Goods and Services Tax Network ( GSTN ) has addressed growing concerns regarding the validity of documents issued by tax officers through the common portal, particularly...
GST collection reaches Rs 2 lakh Crore Milestone due to Economic Momentum and Efficient Tax Realisation: Finance Minister
The Finance minister, Nirmala Sitharaman commented that the GST collection reached Rs 2 lakh crore milestone due to the implementation of the economic momentum and efficient tax realisation. Goods...
Record-Breaking Year for DGGI: 119% Surge in Identifying Tax Evasion Cases, Totaling Rs. 1,98,324 Crore in 2023
Directorate General of GST Intelligence (DGGI), the premier investigating agency for GST matters, uncovered substantial instances of evasion across various sectors during the year 2023. Notable...
