tax evasion

News

TAX EVASION NEWS

Tax evasion worth Rs 15 crore by seven manpower supplier firms detected in Gujarat: SGST department

May 25, 2025 12:21 am

The investigations also revealed alleged instances of wrongful claim and utilisation of Input Tax Credit (ITC)

Tax evasion notices to Volkswagen, Kia for misclassifying imported parts

February 07, 2025 7:44 am

A duty of 30 to 35 per cent is applicable on parts imported in CKD form in a single shipment, whereas importing them separately as individual parts attracts a lower tax rate of 10 to 15 per cent.

Gujarat GST department detects tax evasion to the tune of Rs 5.42 cr

December 23, 2024 1:38 am

The searches were conducted at the places of people engaged in renting out party plots and providing mandap, decoration and catering services for functions and events.

Now, Rajkot Crime Branch takes journalist Mahesh Langa into 4-day custody in GST evasion case

December 22, 2024 2:22 am

The first case, filed on October 7, is regarding Langa's alleged involvement in running a benami firm linked to a network of 220 shell companies allegedly involved in a nationwide GST fraud.

Amid wedding season, tax evasion of Rs 6.7 crore detected across nine districts in Gujarat

December 15, 2024 2:13 am

A statement by the state GST department said that this amount is likely to increase as the investigation progresses.

GST frauds multiply: Officials grapple with widespread evasion, complex scams

November 04, 2024 7:53 am

Over seven years after the rollout of GST in July 2017, authorities are still grappling with multiple such instances of GST frauds, involving broadly similar modus operandi.

Tax evasion, Gujarat HC notice to state, CID, FIR against political parties, FIR against Gujarat Navnirman Sena chief, cheating charges, criminal conspiracy, forgery cases, Indian express news

‘Tax evasion’: HC issues notice to state, CID for FIR against political parties

September 13, 2024 2:00 am

According to the FIR, the parties allegedly received contributions from unidentified donors, "and after deduction of the commission, paid back the rest of the amount in cash to the donor.

Why text of amended tax treaty with Mauritius triggered stock sell-offs

April 14, 2024 11:36 am

The amended treaty introduces the Principal Purpose Test — essentially implying that the tax benefits under the treaty will not be applicable if it is established that obtaining that duty benefit was the principal purpose of any transaction or arrangement.

Central Board of Indirect Taxes and Customs, tax evasion, tax evasion, counterfeiting, Indian express business, business news, business articles, business news stories

Tackling counterfeiting, tax evasion key to safeguarding economic stability: CBIC chief

September 29, 2023 5:49 am

At the release of a report by industry body FICCI — ‘Hidden Streams: Linkages Between Illicit Markets, Financial Flows, Organised Crime and Terrorism’ — Agarwal said these issues have “socioeconomic implications and undermine national security”.