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Eco Buzz
Higher GST booty reflects increase in economic activities and a healthy growth rate
Economy
CGST Mumbai busts fraudulent ITC availment of Rs 15 cr
CGST officials bust syndicate of firms involved in tax evasion of Rs 85 cr
Fake GST Input Tax Credit (ITC) racket busted, one held
Food aggregators Zomato, Swiggy to collect 5% GST from Jan 1
Markets
Mumbai CGST busts tax evasion of Rs. 3,000 cr
Court order to affect working capital of companies filing GST appeals
CGST cracking down on fraudsters
Pandemic disruptions push June GST collection below Rs 1 lakh cr, first time in 9 months
Deadly Covid 2.0 has peaked: SBI economists
March GST collection surges to over Rs 1.23 lakh Cr
CGST & Excise officers nab 2 men for evasion of tax