Government likely to bring GST frauds under PMLA; discuss with state FMs at GST Council
NEW DELHI: The government is likely to bring cases of Goods and Services Tax (GST) frauds under the stringent Prevention of Money Laundering Act by making it a predicate offence punishable with rigorous imprisonment and fine. The proposal to bring GST violations under the ambit of Prevention of Money Laundering Act (PMLA) is likely to be discussed at the next GST Council meeting schedu…