After watching this video, you might feel that the businessman could've escaped detection by department if he took fake input SERVICES instead of GOODS or if he did evasion of a smaller amount. This again is one of those things that you're taught by your uninformed elders. Tax detection these days happens in a very unconventional way. Will take more lectures for you on the same in the coming times. Till then, keep learning ♥
Please reply Please reply Sir I wanted to know that in CA inter Is it very necessary to write all section numbers in questions like case study And what will happen if I don’t write all section number but write some section Please reply
Govt spends so many resources in capturing ordinary man and businessman. But nothing for IAS officers, politicians etc who eat 100 crores+ without taking a burp
Usko pakdo, meko mat pakdo. Vo karta hai, mai ni karta. In sab ka koi mtlb nahi hai. Ek real world situation mai kaam hona is more important that kuch na hona. Pakde sab jaenge ek na ek din pr aabhi chor chor milkar dusre chor ko pakad rahe hai toh vo sirif yeh dikhaya jaraha hai ki system work kar raha hai. Agar insan khudse sab cheez ki imandari se zimmedari lega tab cheeze sudhregi. Pr teko bhi pata hai ki na tu sahi hai or na system or na he koi sudharne ko ready hai or na comply karne ko toh tere is conversation ka mtlb kuch hai he nahi.
Very informative video! Undoubtedly taxation is becoming burdensome for everyone be it any class but one should always follow the legal path to find the solution. Jain Hind 🙏🏻
I am in Internal Audit team and can say that nothing is untraceable in law until and unless you find a loophole in it itself for the time being. The most difficult part I find during the audit of manufacturing entities is the variable scrap percentage occuring in manufacturing. Govt should also regulate the scrap produced by introducing the industry practice for all with varying machine technology. I know, it's very difficult. But, the moment you do this scams will automatically vanish.
Govt should also do something to regulate the human scrap produced as a result of its inefficiency (it makes to the top of the list) and the money converted to scrap after proudly taking the share of taxes... If one has to commit thievery, one has to have a way to do that and when you have deliberately left a loophole, someone someday might find it and depending on the situation, upbringing and integrity will use, misuse or close it. Only instilling faith in the people will also increase the no of peoole happily paying taxes, however someone is looking for blindfaith, indulgence, misguidance, ignorance and greed. If it were to be calculated the Return of investment and self-improvement, their own quality of Living will See an exponential Increase. One should also note that despite everything else ours is still one of the best governments if you compare it with .. other.. Keep finding better ways to better ourselves, good luck.
sir aapke videos k aane k wait krta rehta hoon...other lectures m neend aane lgti h but aapke videos dekhta hoon toh neend gayab ho jati h.. excellent way of teaching
Sir aapke topics bahut jyada intresting hai to CA ke alawa bhi bahut jyada log video dekhte hai jaise ki mai dekh raha hoon to please thodasa aasan language ya non commerce background wale logon ko samaj mai aye aisa samjao thank you for making such a intresting content
Now CBDT ,CBIC is coming up with new tax evasion detection techniques so it's like very much less chances if you've done a Big GST fraud and they wouldn't detect that. The same goes for Income Tax. I hope everyone pays their taxes to run the Indian economy smoothly and avoid paying huge penalties and imprisonment. Thanks Sahil Sir for coming up and explaining such cases.
You can never remove tax evasion however much you try. There will always be people who would greedy enough to game the systems. The most Govt can do is make punishment for evasion very expensive so that most businesses don't try to evade tax as once you get caught, your whole capital may get wiped away. That is why GST has some very stringent sections to deter tax evasion.
Sir, your case studies are really found to be very effective and understandable, please accompany some other educators like you and make any combo for all inter subjects, so that we can proceed our studies with the same. I am in ca foundation now for may22 attempt, i hope that you will work for my request, so that our studies will be more effective in each subject of ca inter . Please make this come true, till the completion of ca foundation may22 exams. I will be waiting🙄🙄🙄🙄🙄
Very nice video. One of my relative currently done such thing we assume and eloped and now innocent member of our family in trouble as being director in good faith without knowing he was doing actually in the company formed by culprit. Now police is behind him and unnecessary torture on innocent who even can't pay 10% of that evasion. Case is above 25 crore. That fool in his greed or over smartness ruined own wife life, own daughter life and innocent person family life. Let see we are in tension as middle class can't afford such legal cases.
Interesting and informative, even though you are constantly warning not to do anything illegal, as I continue to watch the video I find myself thinking how not to do these mistakes and pull off a scam 😆
When I ws in CA articleship, I have seen more than 10 businesses dg this type of tax evasion!! To my surprise, this idea haven't thought by any CA! Client himself gave the idea ; tht hw we cn evade the taxes. Anywys, those wr small amounts of invoices not like what ws in this video's case!! Proud to know that I ws part of experiencing practically during my CA articleship!! Cz these will help in exm case studies! But, wanna know this case study's final climax, as you have been taken up as defending side! How are you defending & in what factor & section of GST are you giving a counter strike?
I just love these videos ❤️. But because these cases are still running at this very moment, it scares me that I watching it on his channel publicly. I am sure he is allowed to show these details but it's scary and I really hope sahil doesn't get into any trouble 👍🏻
Finance crime and other small crimes me monetary fine hona chahiye. Jail wail ka chhorkar court ka bhi time bachega aur dusre serious case me court focus kar sakta hai.
Big businessmen is what many youngsters look up-to to become like. Really such acts put them down, whenever any such acts come to light of any business entity.
Thank you sir... You share very valuable information with us.. And your Explanation, presentation was superb.. Everytime you share such good knowledge... Pls keep it up.. Sir
@@proudindian982 No No they do welfare when elections are near. I used to support no corruption and black money as a kid but after growing up my outlook has changed
Sahil sir ....make a frickin series out of this ....like a movie....or something change the thumbnail...make it more masaledaar and put it as PART ONE.....eagarly waiting for second part.😀😀
Thanks sir for this video was referring rule 54 of cgst rules that supplier can issue any other document other than invoice and in that for gta some mandatory info were given and cause of this video i understood why govt requires gta to mention reg no of vehicle ,gross weight of consignment and so on... sir please keep uploading such kind of videos... THANKYOU SIR
Yet another amazing video 🤩 But sir personal use k liye kuch le re usko business related chiz k liye dikhana is easy. Like cameras ,ac etc (although bht kmm amt hoga bt kuch th hoga)
So the core question for me to you is that how do we consumers/ layman know when the businessman/ seller says that if you want bill then you'll have to pay extra money for the gst, how do we know that we have to pay the extra amount. Is it not included in the price of the product which they initially wanted us to pay. How can we confirm that when they are saying you'll need to pay extra for gst if we want the bill, how do we know they are saying the truth. Is there anything that we can say to them when they come up with such excuses that what is the proof that we need to pay extra for the gst if we want the bill?? If we could stop them at that point, i don't think they would be able to do bill trading and other frauds with us customers and the govt.
SIR DEPARTMENT CAN ALSO STUDY THE CASE BY E-WAY BILL , WEATHER E WAY BILL IS ISSUED OR NOT , WHO HAVE ISSUED AND BY ALL DETAILS IN PART A AND PART B .... IF I AM WRONG PLZZ CORRECT ME SIR ?
Fake e-way bills can be issued easily online, have to actually check with third parties for discrepancies such as truck types discussed in this video, weighment slips whether goods sold are actually weighed and sold
Hello sir , i am not a CA aspirant but i love to study about the tax avoidance and evasion techniques so could you please recommend some non academic books. I recently came across a book named " loophole games " it will be very helpful if you can do a review about this book . Thankyou for such a worthwhile content .
On 4:06 this think happeend most places recently i brought furniture for my house and vender give price as his logic approx 19000 something when my dad pay the amount though chaque or online they tell my dad . if we pay through this method they you have pay 21000 rs or 19000 in cash ultimately they save their GST 9% that means in furniture rate of 18% is applied. But actually we paid half GST which that vender applid 9% including 19000
Many housing socities cut tds as per incometax law and pays on more than 2.5 lac. But this society does not register under Gst and cut of tds u/s 51 and does not file R-7 monthly. How gst dept. will catch?
After watching this video, you might feel that the businessman could've escaped detection by department if he took fake input SERVICES instead of GOODS or if he did evasion of a smaller amount.
This again is one of those things that you're taught by your uninformed elders. Tax detection these days happens in a very unconventional way. Will take more lectures for you on the same in the coming times. Till then, keep learning ♥
Hello sir
❤️
Please reply Please reply
Sir I wanted to know that in CA inter
Is it very necessary to write all section numbers in questions like case study
And what will happen if I don’t write all section number but write some section
Please reply
Thank you so much sir for bringing out this type of videos and helping us to gain practical knowledge ❤️❤️🙏
Sir suspense me mat chodo , aage Kya hua vo bhi bataao 😌😌
Would definitely like to study about the conclusion of the case
Govt spends so many resources in capturing ordinary man and businessman. But nothing for IAS officers, politicians etc who eat 100 crores+ without taking a burp
Sahi bat hai 👏
Even the most corrupt officer ,can rival a politician.
Usko pakdo, meko mat pakdo. Vo karta hai, mai ni karta. In sab ka koi mtlb nahi hai. Ek real world situation mai kaam hona is more important that kuch na hona. Pakde sab jaenge ek na ek din pr aabhi chor chor milkar dusre chor ko pakad rahe hai toh vo sirif yeh dikhaya jaraha hai ki system work kar raha hai. Agar insan khudse sab cheez ki imandari se zimmedari lega tab cheeze sudhregi. Pr teko bhi pata hai ki na tu sahi hai or na system or na he koi sudharne ko ready hai or na comply karne ko toh tere is conversation ka mtlb kuch hai he nahi.
Like Adani
Sir please explain more full case study after the case is close or by giving example you are the one of the best
the way you explain it 👍
I ain’t into CA stuff or taxation but I really liked your way of explaining things. Looking forward to learn more things. Thanks.
Chup
Your way of speaking is superb. I am lawyer and liked to watch your video
Very informative video! Undoubtedly taxation is becoming burdensome for everyone be it any class but one should always follow the legal path to find the solution. Jain Hind 🙏🏻
*Jai Hind
I am in Internal Audit team and can say that nothing is untraceable in law until and unless you find a loophole in it itself for the time being.
The most difficult part I find during the audit of manufacturing entities is the variable scrap percentage occuring in manufacturing. Govt should also regulate the scrap produced by introducing the industry practice for all with varying machine technology. I know, it's very difficult. But, the moment you do this scams will automatically vanish.
How you became internal audit
Govt should also do something to regulate the human scrap produced as a result of its inefficiency (it makes to the top of the list) and the money converted to scrap after proudly taking the share of taxes...
If one has to commit thievery, one has to have a way to do that and when you have deliberately left a loophole, someone someday might find it and depending on the situation, upbringing and integrity will use, misuse or close it.
Only instilling faith in the people will also increase the no of peoole happily paying taxes, however someone is looking for blindfaith, indulgence, misguidance, ignorance and greed.
If it were to be calculated the Return of investment and self-improvement, their own quality of Living will See an exponential Increase.
One should also note that despite everything else ours is still one of the best governments if you compare it with .. other..
Keep finding better ways to better ourselves, good luck.
And I am sorry that my reply is nowhere related to your statement... I am just adding where I see someone standing for good
@@saketgawali1981 i read it all and then realised it's totally useless 😭
I thought you had some knowledge that i can acquire
@@unboxindia7381 CA krk aur kia 😑😑
sir aapke videos k aane k wait krta rehta hoon...other lectures m neend aane lgti h but aapke videos dekhta hoon toh neend gayab ho jati h.. excellent way of teaching
Same here bro
Sir aapke topics bahut jyada intresting hai to CA ke alawa bhi bahut jyada log video dekhte hai jaise ki mai dekh raha hoon to please thodasa aasan language ya non commerce background wale logon ko samaj mai aye aisa samjao thank you for making such a intresting content
I'm a Engineering student tomorrow is my exam, but still im learning about this stuff. i really like economics,stock market and taxation stuff...
I really appreciate the creativity of the guy who decided to use black and red lines for the clients and vendors.
Now CBDT ,CBIC is coming up with new tax evasion detection techniques so it's like very much less chances if you've done a Big GST fraud and they wouldn't detect that. The same goes for Income Tax. I hope everyone pays their taxes to run the Indian economy smoothly and avoid paying huge penalties and imprisonment.
Thanks Sahil Sir for coming up and explaining such cases.
You can never remove tax evasion however much you try. There will always be people who would greedy enough to game the systems. The most Govt can do is make punishment for evasion very expensive so that most businesses don't try to evade tax as once you get caught, your whole capital may get wiped away. That is why GST has some very stringent sections to deter tax evasion.
Bold of you to assume taxes are spent to improve our country. They’ll just go into corrupt politicians’ pockets
@@raghuveer8137 Okey. Tell me then how you can fund the scores of projects without taxation.
Why we should pay so much high tax ?
Recently got a job in CBIC department, your videos are great for someone like me coming from engineering background 😛.
Congratulations
Which post?
@@bk12373 Toilet cleaner
@@Mr_Pussi😂😂
It's our useless govt officials, who allows reqriut to non concerned people in respective departments
You r the real educator who gives practical knowledge.
Your videos are amazing. I am an engineer, but still watch your videos for knowledge. keep it up
Sir, your case studies are really found to be very effective and understandable, please accompany some other educators like you and make any combo for all inter subjects, so that we can proceed our studies with the same. I am in ca foundation now for may22 attempt, i hope that you will work for my request, so that our studies will be more effective in each subject of ca inter . Please make this come true, till the completion of ca foundation may22 exams. I will be waiting🙄🙄🙄🙄🙄
Sir I am CA INTER student and I want to say that your teaching style is so nice
Great Video sir..Will wait for the entire case study
I work as a GST official in CBIC and thank you for the valuable inputs that I am getting through your videos.
Great sir... waiting for more such videos ❤
Bro the way you explain things is marvelous.. Hat's off to you
Very nice video. One of my relative currently done such thing we assume and eloped and now innocent member of our family in trouble as being director in good faith without knowing he was doing actually in the company formed by culprit. Now police is behind him and unnecessary torture on innocent who even can't pay 10% of that evasion. Case is above 25 crore. That fool in his greed or over smartness ruined own wife life, own daughter life and innocent person family life. Let see we are in tension as middle class can't afford such legal cases.
If this was done for services instead of Goods, I don't think Department can trace it like in the case of your client.
Yes, but you need to be clever and not be dumb like the parties in this case. The lie has to be believable and not a barefaced lie
@@thumpmusician340 depends on what service
@@davelawson2564 Yes, Like Music Consultant, music advisor, etc. Almost impossible to detect because it is not documented
@@davelawson2564 Paytm waali
@@thumpmusician340 Its not hard to check where they performed or functions were held.
What a wholesome case study, thanks to the vendor and goodless purchaser for portraying case study
Nice case study.👍
Learn lot from you.🙏
Interesting and informative, even though you are constantly warning not to do anything illegal, as I continue to watch the video I find myself thinking how not to do these mistakes and pull off a scam 😆
Kuch to sharam Karo😑😑
Use own vehicle numbers and transport them on those days.
There is a devil in all of us
@@shikhartiwari854 that’s not devil that’s common sense
Very informational and a reality check video !!! Keep spreading knowledge sir !! 💯💯❤️
When I ws in CA articleship, I have seen more than 10 businesses dg this type of tax evasion!! To my surprise, this idea haven't thought by any CA! Client himself gave the idea ; tht hw we cn evade the taxes. Anywys, those wr small amounts of invoices not like what ws in this video's case!! Proud to know that I ws part of experiencing practically during my CA articleship!! Cz these will help in exm case studies! But, wanna know this case study's final climax, as you have been taken up as defending side! How are you defending & in what factor & section of GST are you giving a counter strike?
Thanks sir for teaching with such great and practical examples
It creats interest in understanding the topic in Depth
Hearing so many interesting stories about your clients, I want to do articleship under you Sir to get first hand experience, do you have vacancy 🙂
Pleasure watching you. Clarity well presented!
I just love these videos ❤️. But because these cases are still running at this very moment, it scares me that I watching it on his channel publicly. I am sure he is allowed to show these details but it's scary and I really hope sahil doesn't get into any trouble 👍🏻
searched ITC for info .watched two videos of urs.. now subscribed ur channel
Finance crime and other small crimes me monetary fine hona chahiye. Jail wail ka chhorkar court ka bhi time bachega aur dusre serious case me court focus kar sakta hai.
21:15 GSTR 1 ek nhi continous 2 Month tk file kr sktey h bina 3B file kiye hue. correct me sir if i am wrong
Your video is excellenet thank you so much....i am an investigation officer and your videos are helping me a lot
Not a CA student but love to watch your videos sir ❤️
We want more sir like this ❤️❤️❤️❤️
Big businessmen is what many youngsters look up-to to become like. Really such acts put them down, whenever any such acts come to light of any business entity.
I didn't skip video for single a second.. It was very interesting video but you didn't tell us HOW MUCH 💸💸 YOU PAID UNDER THE TABLE for this case 😁😅
Sir is case mein jab bhi update hoga kindly put the link the description of this video, your videos are completely engrossing.
Thank you sir... You share very valuable information with us.. And your Explanation, presentation was superb.. Everytime you share such good knowledge... Pls keep it up.. Sir
You deserve 2 million subscriber
Please make continuation of this case , really enjoyed the case😁😁
Excellent way of explanation.Thank you so much for the videos being uploaded
If government can put same brains and detailed level information gathering of each thing on removing poverty we could have gone ahead by miles.
They want to loot not develop or any welfare
@@proudindian982 No No they do welfare when elections are near. I used to support no corruption and black money as a kid but after growing up my outlook has changed
Wonderful explanation !!👌
Very informative.
Lucidly explained.
Sahil sir ....make a frickin series out of this ....like a movie....or something change the thumbnail...make it more masaledaar and put it as PART ONE.....eagarly waiting for second part.😀😀
Thanks sir for this video was referring rule 54 of cgst rules that supplier can issue any other document other than invoice and in that for gta some mandatory info were given and cause of this video i understood why govt requires gta to mention reg no of vehicle ,gross weight of consignment and so on...
sir please keep uploading such kind of videos...
THANKYOU SIR
Love this video! Any chance you could keep us looped in as the case develops on the legal side also?
Very engaging discussion
Yet another amazing video 🤩
But sir personal use k liye kuch le re usko business related chiz k liye dikhana is easy. Like cameras ,ac etc (although bht kmm amt hoga bt kuch th hoga)
Sir,
What about E-way bill in this case?
Btw learn a lot from your videos
Thank you sir, every video add something to my knowledge. Please keep making such videos.
Hi Anshul
I am daily waiting for your videos🎥🎥
Can you tell me the whiteboard app name u are using in your videos
Good Knowlage Sir
Very very informative and helpful video. Many many thanks for sharing this.
Sir what was your course of action for the client please explain ?
Sir मैं एक कपड़े की दुकान खोलना चाहता हूँ इसके लिए मुझे furnature की आवश्यकता है तो क्या मुझे furnature के लिए B2B बिल लेना चाहिए कि B2C
Sir Kya is type ke case laws available hai kya public domain mein. Completed cases ka
Sir, Iam A foundation appearing Student..
These 21 Minutes were amazing!
Will be waiting for further news! 👍🏻
So the core question for me to you is that how do we consumers/ layman know when the businessman/ seller says that if you want bill then you'll have to pay extra money for the gst, how do we know that we have to pay the extra amount. Is it not included in the price of the product which they initially wanted us to pay. How can we confirm that when they are saying you'll need to pay extra for gst if we want the bill, how do we know they are saying the truth. Is there anything that we can say to them when they come up with such excuses that what is the proof that we need to pay extra for the gst if we want the bill?? If we could stop them at that point, i don't think they would be able to do bill trading and other frauds with us customers and the govt.
Can you provide us with updates on the case? It would be interesting to watch as a series .
Thank you so much for sharing this practical case study❤️
Learnt alot from this video. Thanks to your informational video.
Best materialistic channel ❤💖
You are so brilliant sir❤❤
How can tax evasion be a criminal offense I don't understand.
Amazing as always sir 🙌
very informative video.... please upload more videos like this...thank you
Awaiting more such videos from you sir 🙏
Loved the video and the case would like to know more about the case proceedings.
I am learning lot of things from u sir tq 🙏🙏
SIR DEPARTMENT CAN ALSO STUDY THE CASE BY E-WAY BILL , WEATHER E WAY BILL IS ISSUED OR NOT , WHO HAVE ISSUED AND BY ALL DETAILS IN PART A AND PART B .... IF I AM WRONG PLZZ CORRECT ME SIR ?
Fake e-way bills can be issued easily online, have to actually check with third parties for discrepancies such as truck types discussed in this video, weighment slips whether goods sold are actually weighed and sold
You are the best Sirji!
Mr Sahil I like your advice and sincerity.
Very much interested to see full story
Hello sir , i am not a CA aspirant but i love to study about the tax avoidance and evasion techniques so could you please recommend some non academic books. I recently came across a book named " loophole games " it will be very helpful if you can do a review about this book . Thankyou for such a worthwhile content .
Bhai evasion karna haain kya?
Punit salwey your number please
@@sarbeshmallick6452 nahi bhai uske baare me padna acha lagta he sirf 😂😂
@@Memon56786 aap kya karoge mere no. ka
@@punitsalwey7178 Number mat dena bhai pata chala kahi jhol karde number ka aur apko pakad leja police 😂😂
Sir explanation is simply amazing so easily understandable
Superb sir.... kindly make vdo about your reply to department... please sir 🙏
Sir your videos are too good to understand tax evasion in gst thank you so much sir😅
Sir great work u do for students 👌👌
As a 'future' CGST inspector,i found this video interesting....👌👌
😂
There is no proper planning in this tax evasion case scenario, there may be some alternatives to be on safer side while making these evasions.
Only proper planning is paying taxes.
Very informative information. Thankyou sir😇
Very informative. thank you.
Legally tax kaise save kare, bina tax evasion kiye bina ispar bhi ek detailed video jarur banaye sir.
Very good Jain shab
Sir stock market course provides please 🥺
Nicely presented.. thanks
Engineer watching videos how GSR evaded just love the way you explain
On 4:06 this think happeend most places recently i brought furniture for my house and vender give price as his logic approx 19000 something when my dad pay the amount though chaque or online they tell my dad . if we pay through this method they you have pay 21000 rs or 19000 in cash ultimately they save their GST 9% that means in furniture rate of 18% is applied. But actually we paid half GST which that vender applid 9% including 19000
Does that mean all transactions were below 50K, as otherwise E-Way Bill would have been issued?
Sir what if they dont deal in goods but Deal in services??
Many housing socities cut tds as per incometax law and pays on more than 2.5 lac. But this society does not register under Gst and cut of tds u/s 51 and does not file R-7 monthly. How gst dept. will catch?
Mind-blowing video 🔥🔥🔥
awesomely explained sir ..kya aap Cma intermediate ko Indirect tax padhate ho???