input tax credit
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Ludhiana: Man, nephew arrested over ₹282-cr fake billing scam
The Directorate General of GST Intelligence said the accused allegedly issued fake invoices worth ₹282.96 crores to fraudulently pass ineligible input tax credit (ITC) worth ₹42.98 crores through 26 firms operated by them
Published on Mar 07, 2025 07:28 AM IST
HT Correspondent, Ludhiana
CGST Mumbai Zone busts ₹140 cr fake GST invoice racket
Thane CGST officers busted a ₹140 crore fake GST invoice racket led by Mahamad Sultan Kapadiya, who created 18 dummy firms for fraudulent ITC claims.
Published on Feb 13, 2025 06:46 AM IST
HT orrespondent
DGGI Pune uncovers ₹1,196 cr GST fraud involving multiple private firms
The investigation, involving searches at multiple locations in Pune, Delhi, Noida and Muzaffarnagar, has revealed a sophisticated network of bogus companies engaged in fraudulent Input Tax Credit (ITC) transactions
Published on Feb 13, 2025 05:30 AM IST
Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
This is because the deadline for filing GSTR-1 was extended by 2 days from the original January 11 to January 13.
Published on Jan 15, 2025 03:15 PM IST
How will sale of used cars will be taxed under new GST rules? A simple guide
The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars
Updated on Dec 26, 2024 10:57 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan