Goods and Services Tax - All Sections of GST Law For Fraudulent Practice by Taxable Person Like Fake Invoicing /Bogus Billing INPUT TAX CREDIT’ Section 16 (2): Eligibility and conditions for taking input tax credit (2) Notwithstanding anything contained in this section, no registered person shall be entitled to the credit of any input tax in respect of any ...
Read MoreGoods and Services Tax - Budget 2021 – Section 281B of the Act contains provisions which provide that in cases of assessment or reassess-ment the Assessing Officer may provisionally attach any property of the assessee, if necessary, in order to protect the interest of revenue. This can be done only with prior approval of Pr. Chief Commissioner or Pr Directo...
Read MoreGoods and Services Tax - You would have heard many GST fake invoice fraud news in recent time, in spite of many checks and balances introduced in GST laws such as GSTR-2A, Rule 36(4), e-invoicing, e-way bill etc. In a release, the CBIC said that it has so far registered about 12,000 cases of ITC fraud and arrested 365 people, […]...
Read MoreGoods and Services Tax - In India, majority of business class population comes from middle class and what business they do is of no relevance here but how they do is of utmost relevance. We all know the concept of sole proprietorship and partnership firms and yes this “firm” is the way in which how majority people work. Did you […]...
Read MoreGoods and Services Tax - Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of Rs 91 crore (approx)....
Read MoreGoods and Services Tax - Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of Rs 9 crore (approx). The operation involved floating of multiple...
Read MoreGoods and Services Tax - CGST Ghaziabad Commissionerate arrested 2 persons including the mastermind in case of issuance of fake invoice of Rs. 93 Cr. by creating 25 fake firms and passing of inadmissible ITC of approx Rs. 16 Cr. by conducting searches at 18 locations. PRESS NOTE CGST COMMISSIONERATE, GHAZIABAD ARRESTES TWO PERSONS IN CASE OF ISSUANCE OF FAKE [&he...
Read MoreGoods and Services Tax - Both the accused, resident of Sirsa, Haryana, had relocated to Nepal in a bid to escape being caught and to perpetuate the fraud. After a tip off they were nabbed and were found to be in possession of huge incriminating documents and gadgets in the form of multiple laptops, multiple smart phones, debit cards, PAN and Aadhar details of mul...
Read MoreGoods and Services Tax - . The syndicate has thus defrauded the Government exchequer of more than Rs. 392 crore by issuing bogus invoices of more that Rs. 3,000 crore without actual supply of any goods or services which is likely to increase as the investigation progresses. It is pertinent to mention that M/s Vertilink Media Solutions Private Limited has adm...
Read MoreSantosh Kumar Gupta Vs Union of India (Orissa High Court) - Santosh Kumar Gupta Vs Union of India (Orissa High Court) The genesis of the case relates to the search conducted on 29.02.2020 in the office premises of M/s. Pacific Packaging Industries which is a proprietorship concern of the Petitioner by the Senior Intelligence Officers of the Directorate Gener...
Read MoreVennapusa Venkata Subba Reddy Vs Union of India (Andhra Pradesh High Court) - Vennapusa Venkata Subba Reddy Vs Union of India (Andhra Pradesh High Court) It is allegged that petitioner has issued fake GST invoices with a total turnover of Rs. 397,28,11,944/- without supply of goods to different business firms/companies by passing on a total fraudulent input tax credit of Rs. ...
Read MoreNaveen Bansal Vs. Commissioner Central Tax (Patiala House court) - Naveen Bansal Vs. Commissioner Central Tax (Patiala House court) In the present case also in the reply itself it has been mentioned that accused has admitted of causing loss to the tune of Rs.7-8 crores to the exchequer. Accused is in custody since 25.03.2021. To decide whether or not admit accused ...
Read MoreAbhishek Singhal Vs Union of India (Rajasthan High Court) - Abhishek Singhal Vs Union of India (Rajasthan High Court) This bail application filed on behalf of the petitioner deserves to be dismissed; for the reasons, firstly, the petitioner failed to appear before the Department while notices were issued to him, secondly, even after filing of complaint befor...
Read MoreArvind Kumar Munka Vs Union of India (Calcutta High Court) - Arvind Kumar Munka Vs Union of India (Calcutta High Court) The petitioner as I have been found in the earlier order that he is a Chartered Accountant by profession and with the similar contention he has averred that he is no way connected with the instant case. The petitioner has been arraigned as a...
Read MoreD.O.No.77/CH(IC)/2020 - (05/07/2021) - On the GST front, by innovating and using the recently introduced `RFID-Vehicle related Report', an analysis of risky vehicles was undertaken by the officers of DGGI (SZU). The verification revealed that iron scrap was being supplied by existent but un-registered firms under the invoices for GST ITC...
Read MoreD.O. No. 58/CH(IC)/2020 - (15/03/2021) - In the ongoing anti-evasion drive, last week saw the Gurugram Zonal Unit (GZU) and the Nagpur Zonal Unit (NZU) of DGGI make big cases relating to fake invoices. In an ongoing investigation, GZU made arrests of two members of a fake invoicing syndicate who were involved in GST fraud by way of issuanc...
Read MoreNotification No. D.O.No.57/CH(IC)/2020 - (08/03/2021) - The week also saw the CGST Gandhinagar Commissionerate unearth a huge case involving a web of 68 fake firms issuing invoices to claim fraudulent GST Input Tax Credit of Rs. 720 crore without the supply of goods. The CGST East Delhi Commissionerate too made two big cases relating to fake invoices....
Read MoreD.O.No.54/CH(IC)/2020 - (01/03/2021) - I am happy to note that the anti-evasion teams of Jaipur and Alwar CGST Commissionerates have used data analytics to unearth a large case of fraudulent ITC availment, involving fake invoices with a face value of Rs. 3308 crore by several non-existent firms registered in Jaipur. These firms had fraud...
Read MoreNo. D.O.No.54/CH(IC)/2020 - (15/02/2021) - It's now three months since the drive against the fraudulent use of fake GST invoices was launched in the second week of November, 2020. As on 13th February, 2021, the department has made 3046 cases and unearthed about 9294 fake GSTINs in just these 3 months. ...
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Santosh Kumar Gupta Vs Union of India (Orissa High Court) -
D.O.No.77/CH(IC)/2020 - 05/07/2021
Vennapusa Venkata Subba Reddy Vs Union of India (Andhra Pradesh High Court) -
Naveen Bansal Vs. Commissioner Central Tax (Patiala House court) -
Abhishek Singhal Vs Union of India (Rajasthan High Court) -
Arvind Kumar Munka Vs Union of India (Calcutta High Court) -
Prabhat Kumar Srivastava Vs SFIO (Delhi High Court) -
Manoj Kumar Garg Vs State (Meerut District Court) -