evasion

The Central Board of Indirect Taxes and Customs (CBIC) has detected Goods and Services Tax (GST) evasion of almost ₹11,000 crore and identified more than 9,300 fake registrations after a special compliance drive over the past two months,…

Oppo Mobile, Vivo India, and Xiaomi Technology…

GST Evasion: A list comprises 15 companies, encompassing both life and general insurance, to whom show cause notices are currently being issued.Tax evasion worth Rs 2,350 crore has been detected in these 15 companies, Rs 700 crore has been…

In the space of a few short weeks in 2019, Bahrain striker Abdulla Yusuf Helal graced three of football’s most iconic grounds. Playing for Czech giants Slavia Prague, Helal’s football dreams were quickly realized with Champions League…

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting…

Last Updated: June 26, 2023, 14:05 ISTShares of Shree Cement cracked over 10 per cent on Monday after reports claimed that Rs 23,000 crore in tax evasion has been found in tax searches at multiple locations of Shree Cement Ltd in Rajasthan,…

Officials found 16,000 fraudulent GST registrations.Initially, the Gujarat state GST officials discovered a scam involving counterfeit invoices that utilised stolen identities in Bhavnagar and Surat. A recent extensive operation by…

The 50th meeting of the GST Council is scheduled on July 11.The GoM submitted its report to the Council in December last year but the Council has not taken it up for discussionThe GST Council on July 11 will discuss some more measures to…

Finance Minister Nirmala Sitharaman chairs a review meeting of the ongoing drive against fake billing for GST evasion. (Photo: NSitharamanOffice/ Twitter)GST evasion: During the meeting, Finance Minister Nirmala Sitharaman was briefed about…

<!-- -->The 50th meeting of the GST Council is scheduled on July 11. (File)New Delhi: The GST Council on July 11 will discuss some more measures to tighten the noose on fake registration and fraudulent generation of input tax credit…