Dimapur, December 12 (MExN): The Anti-Evasion Unit of the Central GST Commissionerate Dimapur has arrested two GST-registered taxpayers for allegedly issuing fake invoices without supplying any goods, ...

Abstract: Deep learning, machine learning, and artificial intelligence are now widely used ideas. This. Legal and ethical considerations should also be considered while developing and deploying ...

DIMAPUR — The Central GST Commissionerate, Dimapur, has arrested two individuals for allegedly issuing fake invoices without the actual supply of goods, leading to tax evasion of more than INR 11 ...

The Centre has acknowledged a sharp rise in GST evasion and Input Tax Credit (ITC) frauds, where bogus or dummy entities were found to be used as fronts for fake invoicing. In a tabulated scale of ...

India's Goods and Services Tax system shows strong growth but struggles with fake invoice fraud, especially in the scrap sector. This practice allows tax evasion and distorts competition. Exporters ...

The government will raise the e-invoice exemption threshold from RM500,000 to RM1 million beginning next year as part of efforts to ease the burden on small and medium enterprises (SMEs). Prime ...

KUALA LUMPUR, Dec 4 — The wholesale and retail trade sector has been identified as the sector with the highest risk of revenue leakage since the implementation of the e-Invoice system on August 1, ...

The Allahabad High Court has held that under GST Act, the department cannot proceed against an assessee for transport of goods, if a genuine e-way bill is present along with the consignment. Justice ...

The petitioner challenged two orders issued under Section 129(3) of the GST Act following the detention of goods during transit. The petitioner, a company with GST registration and business locations ...

Chennai: The CGST Chennai north commissionerate uncovered a major fake GST invoice racket that generated fraudulent Input Tax Credit (ITC) worth 50.85 crore on bogus invoices estimated at around 300 ...

Two in five (40%) invoices arrive with an issue, creating a $549 billion blind spot in unmanaged spend each year, draining finance team resources and leaving enterprises exposed. To address this ...