Tag: fake invoice
No arrest under GST Act on purchase of goods against fake invoice unless purchaser took benefit of fake or bogus invoice, e-way bill etc. issued by dealer or he had acted in collusion with it. ABCAUS Case Law CitationABCAUS 3500 (2021) (05) HC In this case anticipatory bail …
AO empowered to Provisionally attach property u/s 281B in Fake Invoice cases during pendency of penalty proceedings under section 271AAD Provisional attachment in Fake Invoice cases Provisional attachment in Fake Invoice cases Section 281B of the Income Tax Act 1961 contains provisions which provide that in cases of …
Based on only one fake tax invoice, evaded sales could not be assessed at 100% of the disclosed sales – High Court ABCAUS Case Law CitationABCAUS 3431 (2020) (12) HC Important case law relied upon by the parties:M/S Kapil Kumar & Brothers, Gautam Budh Nagar vs. Commissioner of …
Penalty for fake invoice. New Section 271AAD. Penalty for false entry, etc. in books of account With the launch of Goods & Services Tax (GST), several cases of fraudulent input tax credit (ITC) claim have been caught by the GST authorities. In these cases, fake invoices are obtained …
DGGI, Gurugram, busts racket issuing fake GST invoices of more than Rs 136 Crores The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit, Gurugram arrested Sh. Rajiv Gupta on 23.10.2019, partner in M/s RST Batteries, Mundka Delhi and Director of M/s RST Batteries Pvt. Ltd Bahadurgarh, Haryana …
DGGI arrested Managing Director of a company in fake invoices racket for availed input tax credit (ITC) with tax evasion of the tune of 22.79 Crores The officers of the Visakhapatnam Zonal Unit of the Directorate General of GST Intelligence (DGGI) has arrested the managing Director of a …