Fake invoices worth Rs 10,000 crore unearthed

Times Of India

Nagpur: With searches carried out in different parts of the country, the directorate general of GST intelligence (DGGSTI) has unearthed cases of fake invoices worth over Rs 10,000 crore in the current fiscal.  The main purpose of the DGGSTI raids was to probe fraudulent claims of input tax credit (ITC), leading to GST evasion. However, tax sleuths have also found that in 35% of the cases, fak…

Sign in to read the full article

Create a free account or sign in to access the complete content.