Indian tax authorities are looking into possible instances of under-invoicing by businesses importing goods from China after finding a sizable difference in the data sourced from the two countries. Invoiced imports into the country are substantially less than exports to India from China.
Source: a2ztaxcorp.com
Latest Posts in "India"
- India’s GST E-Invoice Services Temporarily Unavailable for Maintenance
- India Tests E-Invoicing for Recipient-Generated Reverse-Charge Self-Invoices
- India: FICO Urges Punjab to Clear Pending GST and VAT Refunds
- India: CBIC Clarifies Seven GST Issues on Input Service Distributor Mechanism
- India to Revamp GST Return Forms to Reduce Tax Mismatches













