Under-invoicing' leading to GST evasion, claim bicycles makers

Economic Times

The "under-invoicing" of bicycles by some unscrupulous dealers in  Ludhiana has hit the market of organised players and is also leading to  GST evasion , cycle makers have claimed. Organised bicycles manufacturers on Monday said it has become difficult to hold onto their existing market because of the "rampant illegal practice of under-invoicing" taking place in Ludhiana -- the country's…

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