The associations have written letters to the finance ministry and have urged the latter to permit availing of the ITC where ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be ...

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...

The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...

In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of ...

The Directorate General of GST Intelligence (DGGI) in Pune has exposed a GST fraud worth Rs 1,196 crore. A vast network of ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

As per the IMS system, the GST portal allows sellers to upload ... reduce fraudulent input tax credit claims, and improve accuracy in tax reporting. “IMS will streamline the audit process ...

DGGI uncovers 1,196 crore tax fraud involving fake invoices, e-way bills, shell entities, and bogus companies.