Thane CGST officers busted a ₹140 crore fake GST invoice racket led by Mahamad Sultan Kapadiya, who created 18 dummy firms for fraudulent ITC claims.

Officials said that the the accused set up shell entities with no legitimate business operations, generating fake invoices and e-way ... rotated to obtain new GST registrations and evade detection.

Summary: GST officials have raised tax demands of approximately ₹1 lakh crore due to fake invoices for the 2017-18 financial year. Taxpayers who can substantiate their invoices with proper ...

The case revolves around the detention of goods under the GST framework. Ashok Sharma, the appellant, challenged the show-cause notices and penalty orders issued by the tax authorities, alleging ...

Bollywood's use of block bookings to inflate box office numbers has surged due to the significance of OTT platforms and ...

As per Section 60 of the GST Act, an e-way bill must be generated when transporting goods worth more than Rs. 50,000.

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Centre's decision to amend a section of the Good and Services Tax (GST) Act retrospectively in the Union Budget for 2025-26 may face legal scrutiny, as the government’s review petition on a ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

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