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input tax credit
]Latest from input tax credit
Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
This is because the deadline for filing GSTR-1 was extended by 2 days from the original January 11 to January 13.
Published on Jan 15, 2025 03:15 PM IST
How will sale of used cars will be taxed under new GST rules? A simple guide
The GST Council has recommended an increased 18% tax rate on used car sales of electric vehicles (EVs), along with specified petrol and diesel cars
Updated on Dec 26, 2024 10:57 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Ludhiana: GST dept unearths billing scam worth ₹163 cr, 2 arrested
State finance minister Harpal Singh Cheema said the investigation found that the firm was operating a web of fictitious firms, creating fake Input Tax Credit (ITC) and defrauding the state exchequer
Published on Dec 13, 2024 10:47 PM IST
HT Correspondent, Ludhiana
Key accused behind ₹200-cr billing scam arrested: DGGI
According to allegations, Satveer Singh Sekhon was rinvolved in wrongful availment and utilisation of input tax credit worth ₹30.52 crore without any actual supply of goods.
Published on Oct 12, 2024 10:34 PM IST
HT Correspondent, Ludhiana
Ludhiana: Two arrested in ₹700 crore fake GST billing scam
According to officials, the duo operated a complex network of dummy firms, passing on the fraudulently obtained ITC to intermediary companies.
Published on Oct 10, 2024 10:48 PM IST
HT Correspondent, Ludhiana