Officials said that the the accused set up shell entities with no legitimate business operations, generating fake invoices and e-way ... rotated to obtain new GST registrations and evade detection.

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 ...

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 ...

We’ll also get retail sales on Tuesday and PCE on... Global Markets Take a Break From Politics By Ipek Ozkardeskaya - Nov 18, 2024 US retail sales and the inflation data came in higher than ...

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 ...

Although Black Friday is still the best time to buy almost everything, many other seasonal sales events have become almost as big in recent years. With pretty much every retailer planning some ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

The Canadian Federation of Independent Business says the two-month GST/HST holiday in Canada, which ends on Saturday, has seen only 5% of small businesses have stronger sales compared to the same ...

Organization reports just 5% of small firms saw stronger sales “The past few months have been incredibly challenging and filled with uncertainty for many small firms. As they transition their systems ...

As the two-month GST/HST holiday comes to an end, only 5% of small businesses saw stronger sales compared to the same period last year, reported the Canadian Federation of Independent Business (CFIB) ...

The GST holiday, which affected only certain products, will end on Feb. 15, two months after it came into place in mid-December. Two-thirds (66 per cent) of SMEs affected by the tax holiday, in ...