• SENSEX
    NIFTY 50
Finance

Government for two-pronged strategy to plug fake invoice menace under GST

Updated : November 22, 2020 07:40 PM IST

According to sources, within ten days of a nationwide drive against the GST fake invoice frauds, the DGGI and CGST Commissionerates have so far arrested 48 persons.
As per suggestions of the Law Committee, the dealer may also be required to deposit a portion of their due taxes through cash or via a bank guarantee of up to 2 % of their tax dues, instead of being allowed for 100% tax payment through ITC.
Government for two-pronged strategy to plug fake invoice menace under GST

You May Also Like

Live TV

recommended for you

Advertisement