Gujarat GST Department uncovers ₹128 crore fake invoicing scam involving shell firms and ITC fraud, arresting a father-son ...

Deloitte's survey reveals high acceptance of GST but highlights ongoing challenges like refund delays and ITC disputes.

The e-invoice system was introduced to make the Goods and Services Tax (GST) regime more transparent and technology-driven.

The Madras High Court upheld the blocking of ITC under Rule 86A after finding that the Revenue had recorded adequate material supporting its reasons to believe the transactions were fraudulent. The ...

The article argues that denying ITC while levying full GST on commercial building rentals creates tax cascading. It suggests a 5% GST rate without ITC to ensure consistency with the GST ...

Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, ...

NEW DELHI: GST officers have uncovered fake input tax credit (ITC) claims of Rs 15,851 crore in the April-June quarter of current fiscal, a 29 per cent jump over the year-ago period, even though the ...

Central and state GST officers have detected 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth ₹61,545 crore during 2024-25, officials said. During the 2024-25 fiscal ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...