We invoke your kind attention towards your vision of uplifting the small businesses in the Country and providing them ease of doing business which have been greatly appreciated by traders across the Country and it is a matter of record that business community did not leg behind in carrying your vision of Atamnirbhar Bharat, Digital India, Vocal on Local, Skill India and others down the line across nook & corner of the Country.
CGST Commissionerate, Raigad arrests 29 year old involved in fake GST Input Tax Credit racket As a part of the special Anti-Evasion drive launched by CGST, Mumbai Zone against the fraudsters and tax evaders, CGST Commissionerate, Raigad has arrested a 29 year old man, who actively connived in creation of more than 15 sham firms, […]
The officers of Anti Evasion wing of Thane CGST Commissionerate of Mumbai zone have arrested an exporter who is Director of a Private Limited Company, for fraudulently claiming GST Input Tax Credit (ITC) of Rs. 15.26 Crore. This ITC was claimed on the basis of bogus invoices of Rs. 85 Crore issued by the fake […]
Central banks remain at the heart of modern monetary and financial systems. They have several instruments at their disposal to carry out their wide-ranging mandate which includes monetary policy as the prime tool to achieve macroeconomic stability.
GSTN enabled a new feature of Geo-location for new registration and amendment of address for existing registration The Goods and Services Tax Network (GSTN) has enabled new feature of Geo-location for picking address for new registration and amendment of address for existing registration.
Tax payers with turnover between Rs. 20 Cr and Rs. 50 Cr are enabled for testing on Sandbox As per the notification No. 01/2022-Central Tax Dated :24-02-2022, e-Invoicing is mandatory for the taxpayers with annual turnover more than Rs.20 crores from 1st April 2022. The taxpayer can check his eligibility of e-Invoicing at Option Search […]
It is hereby clarified that the Chartered Accountants in Practice/Firms of chartered accountants are permitted to register on GeM Portal for rendering professional services. The information being published on the portal should be in compliance with the provisions of Code of Ethics.
Central GST Commissionerate, Ghaziabad Arrests Two Persons Involved in GST Fraud of Taxable Value of Rs. 96.84 Crores and Availment and Utilization of Fake Input Tax Credit of Rs. 5.15 Crores (Approx.)
CBI, ACB, Nagpur has registered a case U/s 7 A of Prevention of Corruption Act against Shri Hernant Rajandekar, Chartered Accountant, M/s V. R Inamdar & Co., Ajni Chowk, Nagpur, on receipt of a complaint from Shri Jayant Laxmikant Choupane, Contractor. M/s Jai Electricals & Electronics, District – Yavatmal alleging demand of bribe of Rs. 4,50,000/- as motive to induce Shri Mukul Patil , Joint Commissioner. CGST, Nagpur-2 by corrupt and illegal means to cause performance of a public duty dishonestly.
The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates. In all, more than 35 premises in Mumbai have been covered during the search operation.
