GST wing detects 252 fake invoices
The Enforcement and Compliance Monitoring Unit of GST & Central Excise, Chennai Outer CGST Commissionerate, has detected 252 fake invoice cases meant to claim an illegal and unlawful input tax credit of ₹491crore.
According to a release, 14 persons have been arrested. To create awareness of the impact of the fake invoice menace, especially among tiny and small taxpayers/GST registrants, the CGST Seva Kendra has launched a campaign against fake invoices. To mark the inauguration of the campaign, handouts on fake invoice menace were released on Wednesday, in English and Tamil.
Source:https://www.thehindu.com/news/cities/chennai/gst-wing-detects-fake invoices/article33927615.ece
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