Press Release


Joint Commissioner, CGST and Chartered Accountant Trapped by CBI, NAGPUR

CBI, ACB, Nagpur has registered a case vide RC.04(A)/2022 on 03.03.2022 U/s 7A of Prevention of Corruption Act, 1988 (as amended in 2018) against Shri Hemant Rajandekar, Chartered Accountant, …

Income Tax Department conducts searches in a major Telecom Group

The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022. The ultimate …

Income Tax Department conducts searches in Mumbai

The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates …

Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty

In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate …

Reduction of compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of duty

In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate …

CGST Commissionerate in Navi Mumbai busts fake input tax credit racket, arrests proprietor of scrap metal firm

Source: Press Release dated 09.02.2022 CGST Commissionerate, Navi Mumbai has busted a fake ITC racket of Rs. 10.26 Crores and arrested the proprietor of M/s. Al-Marwah Traders on Tuesday …

Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports (TARs) filed on new e-Filing portal of Income Tax Department

Source: Press Release dated 07.02.2022 Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports(TARs) have been filed on the new e-Filing portal of …

Average monthly gross GST collection for third quarter of FY 2021-22 is Rs.1.30 lakh crore

Source : Press Release dated 07.02.2022 The average monthly gross Goods & Services Tax (GST) collection for the third quarter of FY 2021-22 has been Rs.1.30 lakh crore against …

CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm

Source: Press Release dated 03.02.2022 CGST Commissionerate, Navi Mumbai had busted a fake ITC racket of Rs. 10.68 Crores and arrested the proprietor of M/s. Navnit Steels (GSTIN: 27AEXPD3871K1ZV) …

GST collection crossed Rs 1.30 lakh crore mark for the 4th time

Source : Press Release -Posted On: 31 JAN 2022 7:51PM by PIB Delhi The gross GST revenue collected in the month of January 2022 till 3PM on 31.01.2022 is Rs 1,38,394 crore of …