It appears that dishonesty is the new trend among some of Goa’s businesses, which is exposing loopholes in the goods and service tax system and causing loss of revenue to the state.The office of the commissioner of state GST has disclosed that unscrupulous traders with bogus GST numbers are defrauding the public exchequer, and that their number has been on the rise in Goa.
Source: navhindtimes.in
Latest Posts in "India"
- Corporate Guarantees Without Consideration Not Taxable Under GST
- Gujarat High Court Upholds Section 16(2)(c) and Rejects Reading It Down
- Employee Perquisites Under GST: The Evolving Tax Controversy
- Aluminium HSN Code and GST Rate Guide for Businesses
- GST Reverse Charge Mechanism: Compliance Updates and ITC Implications for FY 2026-27
