5 held in Punjab for GST scam of Rs 700 crore

Chandigarh: The investigation wing of Punjab GST on Saturday arrested five people for creating and operating a bogus billing of Rs 700 crore in copper scrap and hosiery items across Punjab, Delhi and Haryana. They have been accused of availing and passing on fraudulent input tax credit to the tune...

Eighth installment of GST compensation released

New Delhi: The Finance Ministry on Monday released the eighth weekly installment of six thousand crore rupees to compensate for the reduction in the Goods and Services Tax (GST) compensation of the states. Thus far, 48,000 crore rupees have been released to the States / Union Territories through this medium....