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DGGI

GST, DGGI, Banking & Finance

DGGI Busts Exports Fraud Through Fraudulent Claims of ITC and Cash Refund of Around Rs. 61 Crore

The ITC so availed was utilized to pay IGST on the export goods, which was thereafter claimed as cash refund. Thus, the government exchequer was put at a double loss – on one hand, ITC was obtained on goods where no tax was paid and on the other hand IGST paid from such fraudulently availed ITC was obtained as cash refund.

By SMEStreet Edit Desk
logoOct 09, 2020 09:48 IST logo 2 Min read
GST, DGGI, Banking & Finance
DGGI: CEOs of Large Firms/PSUs Will Not Be Summoned for GST Evasion
By SMEStreet Edit Desk
logoAug 18, 2020 06:17 IST logo 2 Min read
Fraud InFocus
DGGI HQ Books Case Against 3 Firms For Issuance Of Fake Invoices Without Actual Supply Of Goods Worth Rs 4,198 Crores
By SMEStreet Desk
logoMar 05, 2020 05:54 IST logo 1 Min read
GST, GST Filing, GST return, e-Way Bill Banking & Finance
DGGI Caught a GST Fraud of Rs 80 Crore
By SMEStreet Desk
logoOct 29, 2018 07:33 IST logo 2 Min read
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