This piece examines how restrictive provisions under GST law limit refund of unutilised ITC during insolvency, despite ...
Courts held that bona fide buyers cannot lose ITC due to supplier non-payment of GST. The key takeaway is protection of genuine taxpayers with proper ...
A major GST fraud has come to light in the Katghar area of Moradabad, where a businessman allegedly claimed excess Input Tax Credit (ITC) worth Rs 2.73 crore by showing bogus purchases exceeding Rs 23 ...
Meerut Crime Branch arrested an accused in a GST fraud case involving fake firms and invoices, with an estimated INR 3 crore ...
Meerut police have uncovered a Goods and Services Tax (GST) fraud involving crores of rupees, leading to the arrest of one ...
Three individuals have been arrested in Meerut and Bahraich for masterminding separate GST fraud operations worth over Rs 27 ...
Eliyaz Basha arrested in ₹19.79 crore GST fraud, marking the second arrest in a crackdown on tax evasion schemes.
The inverted duty structure arises when the rate of tax on inputs exceeds that on output supplies, leading to accumulation of ...
Gurugram: A tax dispute has emerged for Canara HSBC Life Insurance, with authorities raising significant GST claims, though ...
Bombay High Court questions GST inconsistency as tax is collected but credit denied, raising uncertainty for infrastructure ...
MRPL receives ₹23 crore GST tax demand and penalty over input tax credit claims, says order is unjustified and plans to file ...
Visakhapatnam Zonal Unit, has unearthed a major fake Input Tax Credit (ITC) syndicate involving fraud of Rs 217 crore and ...