Two yrs on, GST network continues to be vulnerable

Nagpur: Two years after its implementation, goods and services tax (GST) continues to be dogged by loopholes. The directorate general of GST Intelligence (DGSTI) has come across a case in which an assessee could secure ten times more input tax credit (ITC) than eligible by just adding one zero in the returns. In the case which involves a city-based business, it was found that the company had showe…