The Directorate of Goods and Service Tax Intelligence, Ghaziabad Regional Unit, has busted a syndicate involved in creating and controlling fake firms and issuing of bills by these fake firms without supplying any goods or services and encashment of GST refund, the ministry said.
Source: a2ztaxcorp.com
Latest Posts in "India"
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries