Prima facie fraudulent input tax credit of about Rs 140 crore has been misappropriated by using invoices involving an amount of Rs 1,040 crore, it said. The Goods and Services Tax (GST) authority in New Delhi has unearthed a racket involved in tax evasion through fraudulently transporting goods either without invoices or raising fake bills […]
from GST India-Goods and Services Tax in India https://ift.tt/2sjmtQp
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