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From March 1, businesses with turnover above Rs. 5 crore will not be able to generate e-way bill without including e-invoice details for all B2B transactions. Under the goods and services tax regime, e-way bills are required for inter-state transportation of goods valued over Rs. 50,000.
Read more at: NDTV
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SGST officials recently uncovered tax evasion of Rs. 9.2 crore in a crackdown on pan masala and tobacco dealers in Ahmedabad, following specific intelligence inputs.
Goa Chief Minister Pramod Sawant has been appointed as the convenor of the Group of Ministers (GoM) on GST revenue analysis, officials said on Tuesday.
The investigation branch of the Maharashtra State GST Department in Nagpur arrested one Mahesh Keshwani, proprietor of M/s K&K Brothers, for allegedly availing and passing fraudulent Input Tax Credit (ITC) worth Rs. 33.93 crore. The firm, registered under the MGST Act, 2017, was found claiming ITC without actual procurement or movement of goods, sourcing credits from registration-cancelled suppliers.