https://www.taxtmi.com/news?id=22528 Issuance of bogus GST invoices to wrongfully generate and convey Input Tax Credit (ITC) is alleged; investigators report a proprietor created fictitious sales records and admitted issuing invoices for commission, enabling other entities to claim and transfer ITC to discharge outward supply liabilities. The conduct is framed as cognizable, non-bailable offences under the Central Goods & Services Tax Act, triggering arrest under the Act's procedural provisions and remand to judicial custody, with further criminal investigation ongoing. en-us Thu, 13 Feb 2020 18:24:29 +0530 Thu, 13 Feb 2020 18:24:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22528 Issuance of bogus GST invoices to wrongfully generate and convey Input Tax Credit (ITC) is alleged; investigators report a proprietor created fictitious sales records and admitted issuing invoices for commission, enabling other entities to claim and transfer ITC to discharge outward supply liabilities. The conduct is framed as cognizable, non-bailable offences under the Central Goods & Services Tax Act, triggering arrest under the Act's procedural provisions and remand to judicial custody, with further criminal investigation ongoing. News - Thu, 13 Feb 2020 18:24:29 +0530 https://www.taxtmi.com/news?id=22528