CGST Delhi South Commissionerate Uncovers ₹47.12 Crore ITC Fraud

The CGST Delhi South Commissionerate has arrested a proprietor involved in a fraudulent Input Tax Credit (ITC) scheme worth ₹47.12 crore in the iron and steel sector. The investigation revealed that the taxpayer used bogus invoices to claim ITC without actual supply of goods, violating the CGST Act 2017. This operation is part of a broader initiative to combat fake ITC networks and prevent revenue leakage.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link