Tag: Input TAX Credit
GST NEWS
GST officers arrest 4 in 3 different cases of ITC fraud of ₹178 crore
The Finance Ministry had arrested four persons in different cases of fraud claim of input tax credit. "The officers of Central Goods and Services...
GST NEWS
A woman mastermind arrested in the latest drive against GST fraud
The DGGI had arrested a Chennai-based woman mastermind for the first time in a GST racket who claimed fake ITC. Two officials said that...
GST NEWS
Amount of fraud in GST needs cautious approach: Official
An official from GST administration said that CGST Department need to be cautious since fraud related to fake input tax credit are happening. Deputy...
GST UPDATES
Rule 36(4) reversal sheet
In light of the recent clarification from government, it has become pertinent to look into the compliance of Rule 36(4) of CGST Rules, 2017...
GST NEWS
Trader who caused Rs 2.5 cr GST loss booked
A scam happened under Goods and Services Tax has brought about ut that at least 26 fake firms caused a loss of more than...
GST UPDATES
Every claim comes with a limitation
Be it your Input Tax Credit or refund or transitional Credit claim, every claim need to have a limitation, viz, a time limit within...
GST UPDATES
Section 17(5)(b) – what does proviso to this Section ‘provides for’
'By CA. (Dr.) Gaurav Gupta
Section 17(5)(b) of the Central Goods and Services Tax Act, 2017 (“CGST Act) has been substituted vide Central Goods and...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from up to 5 devices at once
Must read