Goods and Services Tax : A supplier cannot issue a GST credit note merely because the buyer has not paid the invoice. The proper remedy is to document the ...
Goods and Services Tax : The article argues that large-scale GST frauds and growing compliance burdens show the need for structural reform. It proposes alt...
Goods and Services Tax : CBIC clarifies that fake invoices without actual supply do not create a taxable supply, but wrongful ITC utilization can trigger r...
Goods and Services Tax : The article examines how NGTP classifications are increasingly being used as standalone grounds for ITC blockage and fraud proceed...
Goods and Services Tax : The article discusses how GST authorities are increasingly reversing ITC based on upstream NGTP allegations without proving fraud ...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims based on fake invoices without actual supply of goods or services. The accused was arr...
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : CGST Delhi South arrested a director for allegedly availing ₹6.53 crore in fraudulent ITC based on bogus invoices worth ₹36.28...
Goods and Services Tax : Authorities uncovered a web of non-existent entities issuing invoices without supply, causing huge GST revenue loss. The mastermin...
Goods and Services Tax : Madras High Court set aside certain GST orders after holding that DRC-01 notice should have preceded adjudication following the ea...
Goods and Services Tax : The Madras High Court upheld the blocking of ITC under Rule 86A after finding that the Revenue had recorded adequate material supp...
Goods and Services Tax : The High Court granted bail in a GST ITC fraud case after noting that the accused had remained in custody for about four months an...
Goods and Services Tax : The Telangana High Court granted bail to an accused in a Rs.30 crore fake GST ITC case after noting that no complaint had been fil...
Corporate Law : The Court held that a purchasing dealer can rely on a sellers valid registration at the time of purchase. ITC cannot be denied mer...
Goods and Services Tax : A Delhi GST alert circular reveals a Rs.6 crore Input Tax Credit fraud by a non-existent entity, detailing the scheme and mandated...
CA, CS, CMA : Delhi GST Dept exposes ₹30 Cr fake ITC via non-existent firms. Circular mandates recovery, ITC reversal & cross-jurisdiction enf...
Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...
Goods and Services Tax : The Ministry of Finance, Government of India, recently released Instruction No. 03/2023-GST, dated 14th June, 2023, outlining stri...
Goods and Services Tax : Government of India has noticed instances of fake GST registrations and issuance of bogus invoices leading to revenue loss. A meet...
Delhi High Court dismisses the petition challenging statutory bail granted to Adesh Jain in a ₹200 crore fake GST invoice case. Legal provisions under Section 167(2) upheld.
Punjab & Haryana HC grants bail to accused in ITC fraud case due to prolonged trial, lack of criminal history, and pending adjudication of tax liability.
Allahabad High Court grants bail to Pradip Kumar Jain and Devendra Kumar Jain in a GST fraud case involving fake ITC claims, with specific conditions.
National GST Enforcement Conference focuses on tackling fake registrations, balancing enforcement with ease of business, and enhancing compliance measures.
Gujarat HC grants bail to Krupeshbhai Rameshbhai Patel in ₹15.58 Cr fake ITC case involving 69 fictitious firms. Court cites conditions and safeguards.
Rajasthan HC rules on N.H. Lubricants case involving fake firms and ITC claims. Court directs petitioner to seek alternative remedies and dismisses petition.
Allahabad HC directs Amazing Security Services Pvt Ltd to file a bail application in a criminal case related to GST payment.
Delhi HC upholds provisional bank account attachment in ITC fraud case. Petitioner failed to prove attachment was unwarranted. Case dismissed.
16 अगस्त से 15 अक्टूबर 2024 तक सीबीआईसी द्वारा जीएसटी फर्जी पंजीकरणों के खिलाफ दूसरा विशेष अखिल भारतीय अभियान। सरकारी राजस्व की सुरक्षा हेतु सख्त कदम।
Guidelines for the second special drive against fake GST registrations outline coordinated efforts from August 16 to October 15, 2024, to detect and eliminate tax fraud.
