Hyderabad, April 10 The DGGI, Hyderabad zonal unit, announced on Friday that it had arrested two individuals for allegedly running organized tax evasion rackets.One of the arrested individuals was identified as a key member and mastermind of an organized network involved in the creation of 48...
Meerut/Bahraich (UP), April 6 – Three individuals have been arrested in Meerut and Bahraich districts, uncovering two separate multi-crore GST fraud rackets worth over Rs 27 crore, officials said on Monday.The accused in Meerut, identified as Wasim Akram alias Monu (38), had amassed input tax...
Meerut (UP), April 6 Police in the Meerut district have arrested a member of a gang, uncovering a multi-crore GST fraud racket, officials have said.The accused had accumulated input tax credit (ITC) by generating fake invoices through fictitious companies, causing a revenue loss of...
New Delhi, April 1 The PHDCCI, an industry lobby group, proposed targeted reforms on Wednesday, including the introduction of a unified annual return by integrating multiple corporate filings into a single simplified form, for companies operating in the heavy industries sector, particularly for...
annual returns
compliance costs
corporate filings
goods and services tax (gst)
heavy industry
industry lobby group
inputtaxcredit (itc)
manufacturing sector
micro, small, and medium enterprises (msmes)
regulatory processes
regulatory reform
tax audits
tax collected at source (tcs)
tax compliance
tax deducted at source (tds)
Amaravati, March 26 The Directorate General of Goods and Services Tax Intelligence (DGGI) has arrested two individuals linked to a large-scale fake Input Tax Credit (ITC) racket as part of an intensified crackdown on organized GST evasion.The arrests were made by DGGI's Visakhapatnam Zonal...
Kanpur (UP), March 3 The Kanpur police have unearthed an organized GST fraud racket in which the accused allegedly used identity documents of poor and unsuspecting individuals to float fake firms and route transactions worth nearly Rs 250 crore, a senior official said on Tuesday.Two people...
Gurugram, March 3 The Central Goods and Services Tax (CGST), Gurugram, conducted coordinated searches at multiple locations in North Delhi as part of an investigation into a large-scale fake GST registration racket, an official said on Tuesday.According to an official statement, the fake GST...
Bengaluru, February 28 – The Directorate General of Goods and Services Tax Intelligence (DGGI), Belagavi Zonal Unit, has uncovered a large-scale fake Input Tax Credit (ITC) scheme involving fraudulent invoices totaling approximately ₹593 crore. The alleged mastermind has been arrested in...
Bengaluru, February 27 In a major crackdown on GST fraud, the Belagavi zonal unit of the Directorate General of GST Intelligence (DGGI) has uncovered a fake input tax credit racket worth approximately Rs 593 crore, officials said.The action followed an investigation into a suspicious GST...