GST authorities will soon be able to intercept transactions by dubious firms

Live Mint

NEW DELHI  : The government’s efforts to check evasion of  Goods and Service Tax  (GST) and step up the indirect tax system’s efficiency is set to reach the next level soon with officials being able to intercept suspicious transactions on a real time basis and pre-empt fraud. The idea is to enable tax officials to block generation of electronic invoice at the time of the transaction…

Sign in to read the full article

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