As per the recent tweet of CNBC-TV18, Sources say the Finance Ministry launches special drive to unearth fake ITC transactions; identifies individuals/businesses involved in trading of fake ITC
- Finance Ministry launches special drive to unearth fake ITC transactions
- Finance Ministry identifies individuals/businesses involved in trading of fake ITC Fin Min expresses dismay on those challenging provisions of arrest under GST in various Courts
- Govt begins use of Aadhaar in GST registration to check the menace of bogus/fake firms
- Revenue Department deliberating on measures to put dubious firms under risk category; to block their refunds; Dept deliberating to take appropriate legal actions against fraud ITC firms
Source from: https://twitter.com/CNBCTV18Live/status/1320701752035872770