• twitter-icon

Search results for: itc

Allahabad HC Seeks Response from CGST Authority

Allahabad HC Wants Reply from GST Authority for Software Technical Glitches

Concerning the technical malfunction in the software for providing the show cause notice online to the defaulter, the Allahabad High Court seeks the response of the Central Goods & Services Tax (CGST) authority. Judge Pankaj Bhatia presumed that as per the fault the concerned taxpayer was severed through the show cause notice through e-post excluding […]

DGGI Sent Show Cause Notice to Amazon

Amazon Gets Show Cause Notice by DGGI Over Illegal GST ITC Refund

The Director-General of GST intelligence (DGGI) provides a show-cause notice to e-commerce company Amazon India to avail of the input tax credit. Rs 175 cr is raised through GST intelligence, as determined from the sources. The investigation through DGGI has found errors in the computation developed by the e-commerce company. As per the sources Amazon […]

CBIC Recovered 700 Crores from GST Fraudsters

Chartered Accountants, CS & Professionals Arrested for GST ITC Fraud

The government has caught the persons who are engaged in the GST frauds which consist of professionals such as chartered accountants CA and a company secretary this figure consolidated with 215 arrests. In the last 2 days, 17 arrests are built in the last 2 days as the information provided through the finance ministry mentioned […]

Instakart and Swiggy Under Tax Dept Radar

Govt Starts Investigation for Bogus ITC at Instakart & Swiggy Offices

In context to the bogus ITC claiming the logistic manager company of Flipkart and online food delivery platform Swiggy Instakart were investigated by Tax council. two of these companies have accepted their guilt. “As a law-abiding company, we are in full compliance with the tax and legal mandates. The survey by the IT officials is […]

Fake GST ITC Probe

Fake GST ITC Fraud: I-T Starts Searches at Zee & L&T Offices

A survey is initiated at the offices of Zee Entertainment Enterprises Ltd and Larsen & Toubro (L&T) Ltd. which comes under the tax examination with respect to the 2 organizations by the Directorate General of GST Intelligence (DGGI). A fake input tax credit is found to be filed by the two firms named zee and […]

Power to Block ITC Must Not Use to Harass Taxpayers

Gujarat HC: Power of GST Officers to Block ITC to Avoid taxpayers Harassment

The harassment of the assessee should not be done by blocking the credit. This is the power of the GST council says Gujarat high court. The court commented that the rules and guidelines are to be followed through the GST council which should be issued by the government in the time of practicing the powers […]

Latest Changes in Rule 36 Under GST ITC

Analysis of New Amendments in Rule 36 for GST ITC for Businesses

A recent amendment to the Goods & Services Tax Rule 36, which is expected to help curb fake invoicing, has raised a storm of complaints from taxpayers across social media, who believe that the amendment will reduce the amount of Input Tax Credit A complete guide for understanding the basics of input tax credit and […]

Issue Due to Auto ITC with Warning

New Problem for Traders from Auto-Generated GST ITC with Warning

There is once again fear has attained out for the traders because of the new Delhi goods and service system (GST) as per section 36(4). There is anger for the same rule among the traders as it is called an anti-trade rule from its start. Due to covid-19 from February to August, it was stopped, […]

Notice to Govt Over Blocking of GST ITC by Gujarat HC

Notice to State & Center Due to ITC Blocking Under GST Rule 86A

Beneath Rule 86A Gujarat High Court announced the reports to the Central and State over blocking of Input Tax Credit (ITC). The petitioner, Surat Mercantile Association has furnished the application where it is written that challenges the constitutional validity and vires of Rule 86A of the Central GST Rules Get the brief introduction of SGST, […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Current GST Due Dates