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Rs 512-Crore Fake GST Scam Busted In Madhya Pradesh, Mastermind Arrested
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) claims of Rs 130 crore.
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Chhattisgarh Man Arrested For GST Fraud Worth Rs 71 Crore
A man was arrested in Raipur in Chhattisgarh on Saturday for allegedly evading GST through bogus input tax credits worth Rs 71.38 crore, an official said.
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Yoga Guru Ramdev's Patanjali Foods Gets Show Cause Notice For GST Dues
Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it.
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Syndicate Of 48 Fake Firms Availing Rs 199 Crore Worth Tax Credit Busted
GST officers have busted a syndicate of 48 fake firms which availed fraudulent input tax credit (ITC) of over Rs 199 crore and have arrested three people in this regard, the finance ministry said on Tuesday.
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Rs 557 Crore GST Fraud Unearthed In UP, 3 Arrested
GST officers have unearthed two fake billing rackets involving 246 shell/fake entities involved in fraudulently passing input tax credit (ITC) of Rs 557 crore and arrested three key operatives.
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Rs 176-Crore Tax Fraud Mastermind Caught While Trying To Flee Country
A 34-year-old alleged mastermind of a fake input tax credit racket, which caused a loss of Rs 176 crore to the government by floating fictitious companies in the names of poor people, has been arrested while attempting to flee the country.
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Fake Invoice Racket Worth Rs 863 Crore Busted In Gurugram, 2 Arrested
The GST Intelligence officers have unearthed a racket involving 461 shell/fake entities, which had passed on fraudulent input tax credit of Rs 863 crore.
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COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment
Cellular Operators' Association of India (COAI)has urged the government for rationalisation of GST, reduce of licence fee to 1 percent from 3 percent and sought a waiver of customs duty on network equipment for the 5G rollout. During the pre-Budget discussions, the telecom operators' body also sought the removal of GST on the licence fee, spectrum ...
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Man Arrested For Claiming Refund Of Over Rs 27 Crore From Fake Input Tax Credit
A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.
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Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
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Rs 700 Crore GST Fraud Unearthed In Madhya Pradesh, 5 Arrested
The accused ran the fake GST input tax credit (ITC) racket by creating a network of around 500 bogus firms using forged documents, addresses and fake identities.
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Gurugram: Man Arrested For Issuing Fake GST Invoices Worth Rs 160 Crore
Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of over Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms.
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Fake Input Tax Credit Racket Worth Rs 13 Crore Busted In Maharashtra
A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.
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Mumbai Man Arrested For Issuing Fake Tax Invoices Worth Rs 21 Crore
The Central Goods and Services Tax (CGST) Commissionerate in Navi Mumbai on Wednesday said it has busted a racket of fake input tax credit (ITC) invoices worth Rs 21 crore and arrested the proprietor of a firm.
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GST Officials Arrest Surat Couple For Tax Evasion Of 450 Crores
The Maharashtra GST department has arrested a couple from Surat in neighbouring Gujarat for tax evasion and an input tax credit (ITC) fraud of over Rs 450 crore, an official said on Friday.
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Rs 512-Crore Fake GST Scam Busted In Madhya Pradesh, Mastermind Arrested
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) claims of Rs 130 crore.
-
Chhattisgarh Man Arrested For GST Fraud Worth Rs 71 Crore
A man was arrested in Raipur in Chhattisgarh on Saturday for allegedly evading GST through bogus input tax credits worth Rs 71.38 crore, an official said.
-
Yoga Guru Ramdev's Patanjali Foods Gets Show Cause Notice For GST Dues
Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it.
-
Syndicate Of 48 Fake Firms Availing Rs 199 Crore Worth Tax Credit Busted
GST officers have busted a syndicate of 48 fake firms which availed fraudulent input tax credit (ITC) of over Rs 199 crore and have arrested three people in this regard, the finance ministry said on Tuesday.
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Rs 557 Crore GST Fraud Unearthed In UP, 3 Arrested
GST officers have unearthed two fake billing rackets involving 246 shell/fake entities involved in fraudulently passing input tax credit (ITC) of Rs 557 crore and arrested three key operatives.
-
Rs 176-Crore Tax Fraud Mastermind Caught While Trying To Flee Country
A 34-year-old alleged mastermind of a fake input tax credit racket, which caused a loss of Rs 176 crore to the government by floating fictitious companies in the names of poor people, has been arrested while attempting to flee the country.
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Fake Invoice Racket Worth Rs 863 Crore Busted In Gurugram, 2 Arrested
The GST Intelligence officers have unearthed a racket involving 461 shell/fake entities, which had passed on fraudulent input tax credit of Rs 863 crore.
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COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment
Cellular Operators' Association of India (COAI)has urged the government for rationalisation of GST, reduce of licence fee to 1 percent from 3 percent and sought a waiver of customs duty on network equipment for the 5G rollout. During the pre-Budget discussions, the telecom operators' body also sought the removal of GST on the licence fee, spectrum ...
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Man Arrested For Claiming Refund Of Over Rs 27 Crore From Fake Input Tax Credit
A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.
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Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
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Rs 700 Crore GST Fraud Unearthed In Madhya Pradesh, 5 Arrested
The accused ran the fake GST input tax credit (ITC) racket by creating a network of around 500 bogus firms using forged documents, addresses and fake identities.
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Gurugram: Man Arrested For Issuing Fake GST Invoices Worth Rs 160 Crore
Directorate General of GST Intelligence Gurugram has arrested a person in connection with a case wherein a total Input Tax Credit (ITC) of over Rs 160 crore has been utilized and passed on by a network of nonexistent and fake firms.
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Fake Input Tax Credit Racket Worth Rs 13 Crore Busted In Maharashtra
A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.
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Mumbai Man Arrested For Issuing Fake Tax Invoices Worth Rs 21 Crore
The Central Goods and Services Tax (CGST) Commissionerate in Navi Mumbai on Wednesday said it has busted a racket of fake input tax credit (ITC) invoices worth Rs 21 crore and arrested the proprietor of a firm.
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GST Officials Arrest Surat Couple For Tax Evasion Of 450 Crores
The Maharashtra GST department has arrested a couple from Surat in neighbouring Gujarat for tax evasion and an input tax credit (ITC) fraud of over Rs 450 crore, an official said on Friday.
