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Input Tax Credit

Gujarat HC Grants bail for wrongful availment of ITC beyond Rs.5 cr [Read Order]

The Gujarat High Court has granted regular bail for wrongful availment of the Input Tax Credit(ITC) is beyond Rs.5 crores. The applicant is arrested...

Gujarat HC allows Bail in wrongful availment of ITC Case [Read Order]

CBIC notifies CGST (Third Amendment) Rules 2020 [Read Notification]

GST Evasion: Firm busted for claiming bogus Input Tax Credit worth Rs 281 Crores

No Denial of Input Tax Credit for Clerical Errors in Invoices: CESTAT [Read Order]

GST Council Recommends 5 Important changes in the CGST Rules

The GST Council, in its 39th meeting held on 14.03.2020, has made the five important following recommendations in the CGST Rules : Procedure for reversal of input tax credit in respect of...

NAA directs Recomputation of Profiteering Amount of Portronics Digital [Read Order]

The National Anti-Profiteering Authority (NAA) directed the recomputation of the profiteering amount of the Portronics Digital. In the case of Rahul Sharma vs. M/s. Portronics Digital, the National...

GST Evasion: CGST Delhi West Commissionerate busts Racket of Fake Invoicing worth Rs.7896 cr

The officers of Anti Evasion wing of Central Tax, Delhi West Commissionerate have busted a major racket of fake invoicing of Rs.7896 crores involving fraudulent Input Tax Credit (ITC) of Rs.1709...

IGST Refund Scamsters - Fake Invoicing - GST Intelligence - Input Tax Credit Invoices - Tax Evasion Offences - Assessee - Gujarat High Court - Taxscan

Chhattisgarh HC rejects writ petition of alleged issuer of Fake Invoices [Read Order]

The Chhattisgarh High Court rejected a writ petition filed by a trader who was penalised for allegedly purchasing goods from bogus dealers and thereby issuing fake invoices for availing input tax...

NAA finds Gurugram based Builder Guilty for not passing Input Tax Credit [Read Order]

The National Anti- Profiteering Authority ( NAA ) has found the builder Ramaprastha Promoter and Developers Gurugram Guilty for not passing Input Tax Credit. The complaint was filed before the...

CGST Delhi North busts Tax Evasion worth Rs. 125 cr

The CGST officers of Delhi (North) have busted a case of tax evasion of Rs 125 crores involving cash transactions amounting to Rs 1040 crores in sale, purchase and export of mobile phones. Evidence...

Liability to Pay Interest on Delayed Tax is an Automatic Liability, but Court can’t quantify the Interest: Madras HC [Read Judgment]

The Madras High Court has held that the liability to pay the interest on delayed tax is an automatic liability but the quantification cannot be unilateral. The High Court cannot determine the...

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