Kerala becomes the first State to adopt second level verification for new GST registrations

Move to curb benami registrations and claiming of fake input tax credit  In an effort to curb ‘benami’ businesses under the Goods and Services Tax (GST) regime, Kerala has become probably the first State to introduce second level verification of registration granted on or after June 1. This verification will be done for both State and central assessees. The rule says, every supplier of goods…