Maharashtra Commissioner of State Tax has issued Trade Circular 08T of 2025 to 1address issues faced by suppliers operating through e-commerce operators (ECOs). Suppliers have reported delays in ...
I have received an invoice asking me to make a payment to the Receiver ... However, as an exception, the Income Tax refund and Goods and Services Tax (GST)/ Harmonized Sales Tax (HST) credits issued ...
India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance. While it promises real-time tracking, experts caution about transition ...
The investigation has revealed a sophisticated network of bogus companies engaged in fraudulent Input Tax Credit (ITC ... generating fake invoices and e-way bills to create a facade of genuine ...
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.
The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...
Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that a reduction in goods and services tax (GST) can be expected. She stated that the GST Council is currently working on ...
Centre's decision to amend a section of the Good and Services Tax (GST) Act retrospectively in the Union Budget for 2025-26 may face legal scrutiny, as the government’s review petition on a ...
Time is running out to take advantage of Canada’s GST/HST break as the three-month tax holiday winds later down this week. Parents of young children may wish to stock up on diapers or purchase toys, ...
Summary: GST officials have raised tax demands of approximately ₹1 lakh crore due to fake invoices for the 2017-18 financial year. Taxpayers who can substantiate their invoices with proper ...
The exemption is the gift and estate tax lifetime exemption. The GST Tax Exemption GSTs still serve as tools for high-net-worth individuals to transfer wealth at a lower tax rate even with the ...
In an exclusive session at the India Today-Business Today Budget Round Table 2025, Finance Minister Nirmala Sitharaman has indicated at big changes in the Goods & Services Tax (GST) regime in the ...