Showing results for "#Input Tax Credit"
LIC gets GST demand notice of Rs 663 crore
There is no material impact on financials, operations or other activities of the corporation, it added.
GSTN defers by 3 months implementation of e-invoice reporting time...
Last month the GST Network had imposed a timeline for businesses with turnover of Rs 100 crore and above for uploading e-invoices on the Invoice...
GST evasion of Rs 55,575 cr detected over last two years
Voluntary deposits of Goods and Services Tax (GST) worth Rs 3,050 crore have been made during the period. The official did not disclose the recovery...
Tamil Nadu to slap Goondas on Bill traders, fake ITC claimants
Tamil Nadu government has proposed to slap Goondas on people engaging in bill trading and causing revenue loss to the government by availing ITC...
Telecom infra cos incur Rs 2,500 cr loss under GST regime so far, Rs...
Telecom infrastructure companies are likely to incur a loss of around Rs 625 crore under the current GST norms, which do not provide input tax credit...
GST officers arrest one for operating 46 fake firms, passing on ITC...
GST officers have arrested one person for operating 46 fake firms and passing on fake input tax credit (ITC) worth Rs 82.23 crore, the Finance...
Delhi man held on charge of forging Rs 392-cr input tax credit
A Delhi resident was arrested by a team of Directorate General of GST Intelligence's (DGGI) Gurugram Zonal Unit on charges of creating and operating...
CGST officials bust racket generating fraudulent input tax credit
The well-established syndicate was being operated by floating seven different fake firms with the intent of passing of inadmissible credit to the tune...