Uttar Pradesh Police arrested five gang members involved in a GST evasion scam using fake firms, uncovering a Rs 7.03 crore loss. Authorities seized laptops, fake invoices, and an unregistered car.

Provisional refunds for inverted duty structures and removal of refund thresholds for exports improve working capital. The amendments strengthen liquidity and support small and mid-sized ...

The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...

A former employee of a private firm in Noida has been arrested for allegedly generating fake invoices of around Rs 10 crore to fraudulently claim input tax credit of Rs 1.8 crore, police said on ...

In a few cases, the GST line may be nil or even negative, such as when a policy is cancelled, adjusted, or refunded, and a ...

ED conducts raids across multiple states in a ₹658 crore fake GST input tax credit investigation involving fictitious firms.

India reports 24,109 fake GST invoice cases in FY26 to October, with authorities warning of rising fraud via dormant pharmaceutical entities India has uncovered 24,109 fake Goods and Services Tax (GST ...

The Directorate General of GST Intelligence (DGGI) has arrested Solapur-based lawyer Sajid Ahmed Sheikh for operating a fake GST racket involving over Rs100 crore through bogus invoices. Sheikh was ...

GST Network has issued an advisory on reporting retail sale price-based valuation for tobacco products like pan masala in e-Invoice, e-Way Bill, GSTR-1, and Invoice Furnishing Facility. This move, ...

Cuttack (Odisha) [India], January 2 (ANI): Odisha Goods and Services Tax (GST) Commissionerate busted tax invoice fraud to the tune of Rs 510 crore and arrested its mastermind, Sandeep Mohanty in ...

Use a GST calculator to prepare accurate financials before applying for a business loan. Gain GST clarity to manage cash flow ...

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for all public companies and importers for sales tax registration up to August 10, 2025 for integration with the board’s system ...