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HomeTagsSector Wise GST Updates

Tag: Sector Wise GST Updates

The problem with tough plans against GST fraud

GST has been entangled with shad dealers claiming fake ITC and issuing bogus bills. To curb this menace, the GST Council’s law panel has...

41 arrested in fake invoice case; three CAs face disciplinary action

DGGI has arrested 41 people in the last eight days in a fake invoice cartel. It will approach ICAI for taking action against three...

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 revenue shortfall: Kerala CM urges PM to raise borrowing limit

Kerala Chief Minister has requested to PM to increase the borrowing amount under the special window facility provided by the Centre for meeting the Goods...

Centre, states look to tighten GST registration process

The Centre and States will tighten GST rules to curb fake invoicing. Finance ministry sources said that law committee of GST Council had a...

GST e-invoicing mandatory from January 1, 2021 if turnover exceeds Rs 100 cr

The CBIC has notified that GST e-invoicing is mandatory from January 1, 2021 for firms whose turnover exceeds Rs 100 crore. Earlier the limit...

Ludhiana: Bizman arrested for Rs 17.65 crore GST fraud

Tax Authorities in Ludhiana have arrested businessman who was running 14 firms in his and his family members’ names. He has done bogus billing...

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