Page 3 - Gst Evasion

Curbing GST evasion: E-invoicing has a long way to go, say experts

The Centre will extend it to companies with at least a Rs 100-crore turnover in January and for all companies in April next year for B2B transactions.

Finance Secy, CBIC head discuss measures to check GST evasion, revenue leak

The meeting discussed the need for coordinated action to check revenue leakage

GoM to take up proposal on gold e-way bills to check tax evasion, smuggling

A Group of Ministers (GoM) led by Kerala Finance Minister Thomas Isaac will take up the proposal - aimed at checking tax evasion and smuggling - on Friday

Maharashtra: DGGI detects Rs 108-cr GST evasion by 2 liquor manufacturers

DGGI has found alleged evasion of GST collectively worth over Rs 108 crore by two liquor manufacturers in Aurangabad and Nanded districts of Maharashtra

Govt notifies e-invoicing for companies with Rs 500-crore turnover

The move comes as the government is looking at ways to plug evasion amid dismal GST collections with the pandemic driving economy towards recession

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

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.

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.

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