The Enforcement Directorate (ED) on June 6 conducted searches at 25 locations in Gujarat, Maharashtra and Karnataka in connection with a Rs 122 crore GST fraud case. The searches were conducted at the premises of various individuals and companies involved in the alleged fraud. The ED …
A farmer in Jaisalmer, Rajasthan, has received a show-cause notice from the Goods and Services Tax (GST) department to pay Rs 4.9 crore in dues. The farmer, Mehram Khan, claims that he is innocent and that his PAN number has been misused by someone else. Khan …
The Karnataka GST Department, Commissioner of Commercial Taxes issued Circular No. GST-02/2023-24 dated May 23, 2023 regarding the Generation and quoting of Document Reference Number (“RFN”) on communication/document pertaining to search and inspection in reference to the Directions of the Hon’ble Supreme Court in the case of Pradeep Goyal …
A businessman has been arrested from Ahmedabad for allegedly availing fake input tax credit (ITC) to the tune of Rs 7.22 crore after the Central Goods and Services Tax commissionerate unearthed evasion of Rs 36.95 crore in GST involving ten non-existent firms, the CGST commissionerate here …
Teams of Directorate of Enforcement (ED) carried out search operations at 25 locations on Friday in Ahmedabad, Gandhinagar, Bhavnagar, Botad, Gandhidham, Mumbai and Bengaluru in connection with the case against Mohammad Ejaj Bomar and others. The accused are booked under the provisions of the Prevention of …
The BBC has admitted that it paid lower taxes in India than it should have, following an investigation by the country’s income tax department. The BBC said it had “fully co-operated” with the investigation and had “accepted” the findings. The BBC’s India office was searched by …
The Enforcement Directorate (ED) on June 5 arrested an Income Tax (I-T) official from Ahmedabad in connection with a money laundering case. The official, Santosh Karnani, has been accused of demanding and accepting a bribe of Rs 30 lakh as an undue advantage. The ED had …
The income tax department is closely monitoring advance tax payments by scrutinising companies’ annual and quarterly balance sheets, as well as sectoral growth trends in an earnest attempt to ensure organisations do not delay their tax liabilities for the financial year. As per the tax department’s …
The Central Board of Indirect Taxes and Customs (“CBIC”), the Directorate General of Systems and Data Management has issued an Advisory dated May 26, 2023 to all ECL users for PAN merger with ICEGATE ID on ICEGATE. Account merger functionality has made live at ICEGATE if the duty …
