The Calcutta High Court held that retrospective cancellation of a supplier’s GST registration alone cannot justify denial of Input Tax Credit, requiring a reasoned evaluation of submitted ...
Two Dimapur traders arrested for issuing fake GST invoices worth over INR 11 crore; fraudulent ITC and non-existent firms ...
The Court ruled that ITC reversal is unsustainable when the supplier was registered and tax was duly paid. The petitioner’s ITC claim was upheld as ...
The state Goods and Services Tax (GST) department has launched a 10-day focused drive across all eight districts of the Chh.
Anti-evasion unit of the Central GST Commissionerate Dimapur, during investigation, arrested two GST registered taxpayers on December 11, 2025 at Dimapur and produced before the Court for issuing fake ...
The Calcutta High Court in a matter concerning non-disclosure of Cess in monthly return GSTR-3B which came to be rectified by ...
Macquarie remains bullish on India’s hotel sector, citing a favorable setup for sustainable double-digit revenue growth. The ...
The Ministry of Finance, responding to a question in the Rajya Sabha, disclosed that over 55,000 cases of fake invoicing and ITC fraud have been detected between FY23 and the current year, with tax ...
Although the Nifty hovers near all-time highs, the broader market continues to correct, revealing a very different story ...
SBI General Insurance managing director and CEO Naveen Chandra Jha . SBI General Insurance is targeting at a 6-8 percentage point improvement in its combined ratio over the next two financial years ...
At the same time, many Indian arms of consumer multinational corporations command higher valuations compared to their parents ...
India's Goods and Services Tax (GST), introduced in 2017, unified indirect taxes, simplifying compliance and fostering a national market. Recent rate cuts, despite simplifying the structure, have ...