The Goods and Services Tax ( GST ) department, last day arrested two directors of two different firms for evasion of around Rs. 660 crores. The persons were allegedly indulged in availing input tax credit (ITC) fraudulently by using forged purchase and sale invoices. A businessman can cut his tax liability by claiming credit to […]
The post GST Evasion: Two Directors of Two Companies arrested for evading Rs 660 crore appeared first on Taxscan | Simplifying Tax Laws.
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