What is a “Fake Invoice”?
⇒ Fake Invoice refers to a ‘Non-Compliant GST Invoice’.
‘Non-Compliant GST Invoice’ means any invoice which does not comply with the provisions of the CGST Act and Rules, 2017. Usually, ‘Fake Invoice’ refers to a non-compliant GST invoice of the following types:
(a) Invoice without any ‘Supply’
(b) Invoice with a ‘Non-Compliant’ supply.
Source Taxguru
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