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GST Departments Has Started Blocking Fake Claims

Fake ITC Claims: GST Departments Has Started Blocking Fake Claims

The government has blocked fraudulent Goods and Services Tax (GST) refund claims worth Rs 1,875 crore, involving 1,377 exporters- according to finance ministry official said. The CBIC (Central Board of Indirect Taxes and Customs) has already instructed officials to verify the correct availment of input tax credit (ITC) by such risky exporters based on pre-defined risk parameters, the official said. The Directorate General of GST Intelligence also known as DGGI… Read More »Fake ITC Claims: GST Departments Has Started Blocking Fake Claims