The Central Goods and Services Tax (CGST) authorities in Siliguri have initiated a wide-ranging investigation into several works contractors engaged in executing government infrastructure projects over alleged irregular utilisation of Input Tax Credit (ITC) running into crores of rupees.
A major manufacturing company in the iron and steel sector was found involved in availing bogus GST invoices and utilising ineligible Input Tax Credit (ITC) amounting to ₹47.50 crore to offset its GST liabilities, thereby causing a significant loss to government revenue.
The crisis-ridden IndiGo received a tax penalty notice of Rs 58.75 crore on December 11 from the Additional Commissioner of CGST, Delhi South Commissionerate, for the financial year 2020-21, the company announced on Friday.
The Anti-evasion Branch of the Central Goods & Services Tax (CGST) Delhi South Commissionerate has arrested a key individual for orchestrating the evasion of Goods and Services Tax (GST) of approximately Rs 16.30 crore.
Siliguri CGST & CX Commissionerate has initiated action against a prominent watch manufacturer, located in Sikkim, for allegedly availing benefits under the budgetary support scheme, 2017 in violation of the scheme’s provisions.
A large-scale GST refund scam involving fake exports to Bhutan has come under the scanner of the Central Goods and Services Tax (CGST) Siliguri Commissionerate, with officials uncovering fraudulent refund claims running into hundreds of crores over the past few years.
Several manufacturing units in Sikkim are under investigation for allegedly availing undue benefits under the Scheme of Budgetary Support, 2017, introduced under the GST regime.
India’s gross Goods and Services Tax (GST) collections for the month of May rose by 16.4% year-on-year to over ₹2.01 lakh crore, according to government data released on Sunday.
In a major crackdown, a Central Goods and Services Tax (CGST) team has uncovered a fraud on a large-scale involving fraudulent input tax credit (ITC) claims amounting to nearly Rs 7.85 crore by a South Delhi-based chartered accountant who has been arrested, it was announced on Thursday.
In a major crackdown on the Goods and Services Tax fraud, the CGST, South-Delhi commissionerate has unearthed alleged fraudulent Input Tax Credit (ITC) claims amounting to approximately Rs 7.85 crore by a chartered accountant.
