Blogs

GST has completed 5 years now. Issuance and circulation of fake invoices among companies without actual supply of goods and irregular transfer of input credit to originating companies for payment of GST is contemporary & burning issue. One of key challenges in GST is devising a mechanism to identify & curb issuers of fake invoices at the time of GST Registration itself. Huge amount of public money misappropriated under this scam every year. I am sure it will not be possible for the...