Gst Intelligence Unit News Today

GST fraud news: Officers from the Jaipur Zonal Unit of Directorate General of GST Intelligence (DGGI) have uncovered a Delhi-based syndicate that was operating 569 phony companies. The group had created invoices having taxable turnover of Rs. 6,022 crore with fraudulent input tax credit (ITC) amounting to Rs 1,047 crore through these fake companies., Economy News, Times Now

Karnataka High Court today, on May 11, axed a GST notice that was issued to Bengaluru-based games company, GamesKraft—for an alleged tax evasion of Rs 21,000 crore.

GST intelligence uncovers Rs 43 crore ITC fraud in Gurugram, one arrested DGGI nabbed the accused on March 9 and produced him before the Metropolitan Magistrate, New Delhi, who ordered 14 days judicial days custody BusinessToday.In | March 11, 2021 | Updated 16:41 IST These shell companies generated sham invoices without supplying goods or services worth Rs 237.98 crore and passed on fake ITC worth more than Rs 43 crore Gurugram Zonal Unit (GZU) of the Directorate General of GST Intelligence (...