India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...

The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of ...

DGGI uncovers 1,196 crore tax fraud involving fake invoices, e-way bills, shell entities, and bogus companies.

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC ... or has mentioned an incorrect higher GST rate. A credit note is also issued when goods are ...

Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of Rs 26.92 crore and arrested its "mastermind" in Maharashtra's Thane district ...

The Directorate General of GST Intelligence (DGGI) in Pune has exposed a GST fraud worth Rs 1,196 crore. A vast network of ...

The release said the investigation involved searches in Pune, Delhi, Noida and Muzaffarnagar and revealed a sophisticated ...

Bhubaneswar: The Directorate General of GST Intelligence (DGGI) of the Bhubaneswar Zonal Unit has arrested three persons for ...