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DGGI caught 98 fraudsters/ masterminds and detected 1,700 fake ITC claims totalling Rs.18,000 crore during the current financial year 2023-24 (till December 2023).

DGGI detects 1700 fraudulent ITC cases of Rs.18,000 crore with 98 arrests in FY 2023-24

Articles

Minister of State in response to Lok Sabha's questions said Maharashtra was in Top Spot for GST Evasion as 926 fake Firms were involved in suspected ITC Evasion of crores.

Maharashtra in Top Spot for GST Evasion: 926 Bogus Firms involved in suspected ITC Evasion of Rs. 2,201 Cr

The Minister of State Shri. Pankaj Chaudhary has stated in response to a question raised in Lok Sabha that 11.48 crore PANs not Linked with Aadhaar.

11.48 crore PANs not Linked with Aadhaar

The Income Tax E-filing Portal has notified an updation of Tax Utility for Higher TDS/ TCS on PAN Non-Linked to Aadhar.

Tax Utility updated for Higher TDS/ TCS on PAN Non-Linked to Aadhar

The NIC has issued an Advisory on HSN Code which directs the new validation of reporting of 4/6 digit HSN in e-Waybill applicable from 1st February 2024.

New Validation of Reporting of 4/6 digit HSN in e-Waybill applicable from 1st February 2024

E-invoice has been operationalised since October 2020 for taxpayers with AATO above Rs. 500 Crores and eventually in a phased manner.

E-Way Bill without e-Invoice for B2B and B2E transactions for e-invoice enabled taxpayer to be blocked w.e.f. 1st March 2024

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