Live Breaking News & Updates on Shree Padmavati Enterprises
Stay updated with breaking news from Shree padmavati enterprises. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
GST officers bust network of 23 firms involved in fake ITC claims of Rs 550 cr The 23 firms were floated in order to generate goods-less invoices with the intent to pass on fraudulent ITC without paying actual GST to the government The modus operandi involved floating of multiple firms with the intent to avail/utilize and passing on of inadmissible credit PTI Updated Jul 12, 2021, 7:41 AM IST GST officers have busted a network of 23 entities involved in creation of fake invoices worth Rs 551 crore and passing inadmissible input tax credit worth Rs 91 crore. Based upon specific intelligence, the officers of the anti-evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of about Rs 91 crore, the Finance Ministry said in a statement. ....
GST officers busts network of 23 firms for fraudulently claiming Rs 91 cr ITC indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.
GST officers bust network of 23 firms for fraudulently claiming Rs 91 cr ITC SECTIONS Last Updated: Jul 11, 2021, 01:06 PM IST Share Synopsis Based upon specific intelligence, the officers of the anti-evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of about Rs 91 crore, the Finance Ministry said in a statement. Agencies The three were arrested under Section 132 of the CGST Act on July 10 and remanded to judicial custody. Further Investigations are in progress, the ministry added. GST officers have busted a network of 23 entities involved in creation of fake invoices worth Rs 551 crore and passing inadmissible input tax credit worth Rs 91 crore. ....
GST officers have busted a network of 23 entities involved in creation of fake invoices worth Rs 551 crore and passing inadmissible input tax credit worth Rs 91 crore. Based upon specific intelligence, the officers of the anti-evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of about Rs 91 crore, the Finance Ministry said in a statement. The firms involved in this network are M/s Girdhar Enterprises, M/s Arun Sales, M/s Akshay Traders, M/s Shree Padmavati Enterprises and 19 others. These 23 firms were floated in order to generate goods-less invoices with an intent to pass on fraudulent ITC without paying actual GST to the government. ....
CGST officials bust network of 23 firms over bogus ITC claims prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.