CBIC To Conduct 2-Month Special Drive To Weed Out Fake GST Registrations

[ad_1] New Delhi: The CBIC will undertake a two-month-long special drive to detect fake GST registrations and take action to identify the masterminds/beneficiaries as it aims to weed out fake ITC claims. Fake/non-genuine registrations are being used to fraudulently pass on input tax credit (ITC) to unscrupulous recipients by issuing invoices without any underlying supply of … Read more