Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The second edition of the National Conference of Enforcement Chiefs of State and Central GST Formations was held in New Delhi. A special drive by Central and State formations to identify and eliminate fake GST registrations has been underway since August 16. This initiative aims to address the growing issue of GST tax evasion, highlighted by the detection of Rs 1.2 trillion in tax evasion using fake input tax credit since 2020. The rapid growth of digital payments has contributed to increased scrutiny of online merchants due to a rise in tax evasion cases. Revenue Secretary Sanjay Malhotra emphasized the importance of focusing on fake registrations during this special drive to ensure deterrence.
The Directorate General of GST Intelligence has detected tax evasion of Rs 1.2 trillion using fake input tax credit, since 2020 to date #gst #tax https://t.co/q3tGueaiiC
Second edition of National Conference of Enforcement Chiefs of State and Central #GST Formations held in New Delhi Two months' Special drive by Central and State formations to identify and weed out fake registrations underway since 16th August Read here: https://t.co/culvq1eLTA https://t.co/TtgG2KxpMl
Second edition of National Conference of Enforcement Chiefs of State and Central GST Formations held in New Delhi. Central and State GST formations must focus on fake registrations during the special drive to ensure deterrence: Revenue Secretary, Sanjay Malhotra https://t.co/kPH2meucw0
