CafemutualOpinion

MFDs with GST registration will have to submit their invoices by the 15th of every month

An FAQ released by CAMS states that MFDs with GST registration must submit their invoices by the 15th of each month. The RTAs ...
The Free Press Journal

Income Tax Crackdown: I-T Dept Reopens Past Assessment Cases Over Fake Purchase Entries, GST Invoice Fraud In Trading, Construction And Electronics Sectors

In a renewed crackdown on tax evasion, the income tax department has started re-examining several previously concluded assessment cases. The reassessment cases are largely focused on businesses ...
Businessworld

Fake Invoices: GST Council's Law Panel Suggests Online Registration With Live Photo, Biometrics

Central and state tax officials have suggested the option of online GST registration with live photo and use of biometrics to weed out the menace of fake firms claiming input tax credit, sources said.
Businessworld

GST Fake Invoice Cases Jump; Pharma Shell Firms Flagged

India reports 24,109 fake GST invoice cases in FY26 to October, with authorities warning of rising fraud via dormant pharmaceutical entities India has uncovered 24,109 fake Goods and Services Tax (GST ...
Tax Guru

ITC Refunds on Exports Allowed as GST Law Treats Exports as Zero-Rated Supplies

The law permits refund of input tax credit on exports due to their zero-rated nature. The discussion clarifies refund ...