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Delhi-based businessman Tushar Gupta has been arrested in connection with a Rs 15,000 crore GST fraud exposed last year. Gupta was part of a syndicate that used fake documents to establish over 3,300 shell companies, generating e-way bills for transporting goods or services and claiming input tax credit (ITC). ....
The Allahabad High Court has held that absence of tax invoices and/or e-way bill at the time of interception and their subsequent production does not absolve the assesee from the liability of penalty. ....
Recently, the Allahabad High Court has quashed the penalty which was imposed due to production of expired e-way bill at the time of detention. The Court held that no intention to evade tax was. ....
ORDERS/JUDGMENTS [NOMINAL INDEX PROVIDED AT THE BOTTOM] Beneficiary Of Acquired Land Cannot File Reference U/S 28A(3) Of Land Acquisition Act, 1894: Allahabad High Court Case Title: Rajendra. ....
E-way bills in December reached 95 million against 87.5 million in November. High e-way bill generation usually indicates high collections of Goods and Services Tax in the following month. Gross GST collections stood at Rs 1.65 trillion in December, slightly lower than the monthly average. ....