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Press release issued by Office of the Commissioner of Commercial Taxes Ezhilagam, Chepauk, Chennai – 600 005 on 18.08.2022. On scrutiny of monthly returns filed by tax payers under the Tamil Nadu Goods and Services Tax Act, 2017, it is…
On August 18, 2022, the Proprietor/mastermind handling the business activities of M/s Mass Steel Traders (GSTIN:27BONPS7020E1ZS), M/s S.K. Enterprises (GSTIN:27DBKPK2919Q1Z1), M/s M K Traders (GSTIN:27AOBPK2775F1ZZ) & M/s. Niyaz Enterprises (GSTIN:27CJKPS3682K1ZF) has been arrested by CGST, Navi Mumbai on the charges…
Officers of CGST Bhiwandi Commissionerate in Mumbai Zone have busted two separate fake GST invoice rackets, which was used to avail and pass on fake Input Tax Credit (ITC) of around Rs. 23 crore on bogus invoices of Rs 55…
The Income Tax Department carried out a search operation on July 14, 2022 on a group engaged in the business of mining, sugar manufacturing and liquor. The key person of the group is also occupying a political position. The search…
In a press statement issued by the office the Principal Commissioner of CGST and CX, Mumbai (South) has informed that – Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to avail &…
Various factors like rapid economic recovery post COVID, better compliances due to various measures taken by Government have contributed to increase in tax collection. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written…
CGST Bhiwandi Commissionerate in Mumbai Zone based upon a specific intelligence has busted a case of non-payment of GST and fraudulent availment of Input Tax Credit, amounting to Rs. 78 Crore against M/S A S Agri and Aqua LLP having…
The gross GST revenue collected in the month of July 2022 is Rs.1,48,995 crore of which CGST is Rs.25,751 crore, SGST is Rs. 32,807 crore, IGST is Rs.79,518 crore (including Rs.41,420 crore collected on import of goods) and cess is…
The Department expresses its gratitude to taxpayers and tax professionals for making compliances in time leading to a surge in filing of Income Tax Returns (ITRs) resulting in a new record of ITRs filed on a single day. The surge…
Income Tax Department carried out a search and seizure operation on July 20, 2022 on two business groups; one engaged in real estate, and the other in contracts related to road and railway construction. The search operation covered more than…