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Page 2 - Gst Evasion

Biz with turnover above Rs 500 cr to raise e-invoice for B2B transactions

The Central Board of Indirect Taxes and Customs (CBIC) has notified the revised format for e-invoice under GST by replacing existing form and also increased the turnover threshold

Biz with turnover above Rs 500 cr to raise e-invoice for B2B transactions
Updated On : 31 Jul 2020 | 9:05 PM IST

GST evasion: To tighten enforcement, I-T officials to share taxpayers' info

Currently, state tax officials administer and control 90 per cent of the assessees below Rs 1.5 crore annual turnover, and the remaining 10 per cent is with the central tax officers.

GST evasion: To tighten enforcement, I-T officials to share taxpayers' info
Updated On : 06 Feb 2020 | 8:18 PM IST

Central GST collection falls short of budget estimate by 40% during Apr-Nov

The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.

Central GST collection falls short of budget estimate by 40% during Apr-Nov
Updated On : 10 Dec 2019 | 11:08 AM IST

Rs 57-mn GST evasion unearthed in 16 cases in five months of FY18

The minister further said tax department takes appropriate action in suitable cases for evading taxes

Rs 57-mn GST evasion unearthed in 16 cases in five months of FY18
Updated On : 06 Feb 2018 | 6:03 PM IST