Circular no. 251/08/2025-GST dated 12.09.2025
CBIC issued Circular no. 251/08/2025-GST dated 12.09.2025 providing Clarification on various doubts related to treatment of secondary or post-sale discounts under GST
GST fraud: ED claims MNCs benefitted from fake ITC worth crores
The Enforcement Directorate (ED) on Friday said its preliminary probe into a multi-crore pan-India alleged fake input tax credit (ITC) fraud has found that “big MNCs” were benefiting from these illegal transactions.
Bombay HC rules no GST on JDA projects post-conveyance, offering relief to real estate developers
The Bombay High Court’s Goa bench has ruled that Goods and Services Tax (GST) is not applicable on construction services under a Joint Development Agreement (JDA) once the developer becomes the property owner through conveyance.
Noida man arrested for generating fake bills worth ₹10 crore to claim GST tax credit
In a fresh case of GST fraud, a former employee of a private firm has been arrested by police for allegedly generating fake invoices of around ₹10 crore to claim input tax credit of ₹1.8 crore.
The Enforcement Directorate (ED) on Thursday carried out search operations across Arunachal Pradesh, Haryana, Delhi, Tamil Nadu and Telangana in connection with a massive fake Input Tax Credit (ITC) scam worth around Rs. 650 crore, officials said.
Input Tax Credit effect: Why the GST cut may backfire for end-consumers in many sectors
The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 28% slabs. The GST Council has been maintaining the four-slab structure since 2017, when the indirect tax system was first introduced.
Priya Nair’s first big decision as HUL CEO, passes GST benefits to consumers
In one of her first major decisions as Chief Executive Officer and Managing Director at Hindustan Unilever Limited (HUL), Priya Nair, the company announced significant price reductions across key consumer products, marking a decisive shift aimed at benefiting customers directly.
ED detects Rs. 700 cr fake input tax credit fraud
The Enforcement Directorate, Itanagar, conducted search operations across multiple states, including Telangana, on Sept 11, uncovering an Input tax credit (ITC) fraud worth approximately Rs. 700 crore.
Rs 46 crore income tax notice to dhaba cook in Madhya Pradesh, he approaches police
Ravinder Singh Chauhan, a 30-year-old cook at a dhaba in Madhya Pradesh’s Bhind district, has filed a police complaint after he received a Rs 46 crore income tax notice.
With just a day left for September 15 deadline, Tax Dept offers 24X7 support
The department stated that, “To assist taxpayers for ITR filing, tax payment and other related services, our helpdesk is functioning on a 24×7 basis, and we are providing support through calls, live chats, WebEx sessions & Twitter/X.
Tax Raids Put Spotlight on India’s Mirza Group, a Footwear Giant With Global Reach
Indian tax authorities carried out nationwide raids this week on Mirza International, one of the country’s most prominent footwear and leather companies, intensifying scrutiny of an industry long dogged by allegations of financial opacity.
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