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GST fake invoices: Govt to do away with edit option to revise output liability, says Revenue Secretary

The government plans to do away with the flexibility given to buyers and sellers to revise their output liability by locking their invoices and removing the edit option in the next financial year, Revenue Secretary Sanjay Malhotra said. The proposal will be discussed at the next GST Council meeting, he said.

Source a2ztaxcorp

 

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