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 ...

CNG two-wheelers currently attract 28% GST, which the heavy industries wants to be reduced to an ‘appropriate level’. This indirect tax system has grown far too complex. A GST regime with ...

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 ...

The federal GST holiday should remain in place for restaurants to help drive sales at a time when the sector is facing serious challenges, says the managing partner of the Fireside Grill.

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 ...

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Central Board of Indirect Taxes & Custom (CBIC) has notified 18 per cent GST on sale margin of old and used electric vehicles and smaller petrol & diesel cars. Also, 5-star hotels with room tariff ...

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.

More than halfway into the federal government’s GST holiday, restaurant owners in Calgary are indifferent, saying the incentive has barely made any difference to their sales while causing the ...