Latest News on Gst Evasion
Showing of 0 - 10 from 9 results
Gst Evasion - Total results - 9
May 06, 2019
B2B invoices will have to be generated on centralised government portal by September to check GST evasionThe revenue secretary is monitoring the progress of implementation of electronic or e-invoice project for which an officers' committee has already been set up
Apr 28, 2019
GST measures to avoid tax evasion: Govt plans to launch e-invoices, look at ways to incentivise businessesWith almost two years into GST implementation, the government is now focussing on anti-evasion measures to shore up revenue and increase compliance.
Apr 24, 2019
Non-filers of GST returns for two months to be barred from generating e-way bills from 21 JuneBusinesses under GST composition scheme will be barred from generating e-way bill if they fail to file tax returns for two consecutive filing periods, which is six months
Apr 02, 2019
Ahmedabad-based Kushal Group's CMD Sandeep Agrawal held for Rs 89 cr GST fraudThe chairman and managing director of Kushal Group, an Ahmedabad-based conglomerate, has been arrested for allegedly availing Rs 88.78 crore input tax credit (ITC) using fake invoices, the CGST Commissionerate here said on Tuesday
Feb 27, 2019
Govt detects Rs 20,000-cr GST evasion during April-February FY'19; will take more steps to check fraudsThe earlier GST rate on under-construction apartments and affordable housing was 12 percent and eight per cent with ITC, respectively.
Jan 21, 2019
Non-filers of GST returns for 6 consecutive months to be barred from generating e-way bills for movement of goodsCentral tax officers have detected 3,626 cases of GST evasion/violations cases, involving Rs 15,278.18 crore in April-December period.
Dec 12, 2018
GST evasion worth Rs 12,000 cr detected in 8 months till November, says officialCentral Board of Indirect Taxes and Customs (CBIC) member John Joseph said despite the electronic way or E-way bill mechanism there has been rampant evasion and there is a need to increase compliance.
Jun 18, 2018
One year of GST: Government could push a raft of anti-evasion measures if compliance or collections dipSeveral changes in GST compliance during the initial phase had disturbed businesses and hence there would be a conscious effort to reduce the level of compliances in the coming year
Jun 12, 2018
GST evasion: Traders deploy horse-carts to transport produce across states to skirt e-way bill systemAccording to GST rules, e-way bills are applicable only for motorised vehicles and hence traders are moving produce via horse-carts.