The Goods and Services Tax system that was implemented to ease the taxation system, has also become a tool for tax evasion by fraudsters. The rampant fraud in the name of GST invoices can be a trouble for smaller businesspersons as well as customers. Fake GST bill also helps the scammers in pocketing the money
Source: a2ztaxcorp.com
Latest Posts in "India"
- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
- Allahabad HC: Arbitrary GST Registration Cancellations Without Reasons Amount to ‘Economic Death’ for Businesses
- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes













