https://www.taxtmi.com/news?id=24209 Misuse of Input Tax Credit under GST has been countered by a nationwide enforcement drive using digital evidence, inter-departmental information sharing and procedural measures to detect nonexistent suppliers, bogus invoices and fraudulent refund claims. Investigations have targeted paper firms, professional facilitators and beneficiary networks through searches, seizures of electronic devices and arrests, and have also addressed related evasion modes such as misclassification, undervaluation and clandestine supplies. en-us Tue, 13 Jul 2021 17:53:42 +0530 Tue, 13 Jul 2021 17:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24209 Misuse of Input Tax Credit under GST has been countered by a nationwide enforcement drive using digital evidence, inter-departmental information sharing and procedural measures to detect nonexistent suppliers, bogus invoices and fraudulent refund claims. Investigations have targeted paper firms, professional facilitators and beneficiary networks through searches, seizures of electronic devices and arrests, and have also addressed related evasion modes such as misclassification, undervaluation and clandestine supplies. News - Tue, 13 Jul 2021 17:53:42 +0530 https://www.taxtmi.com/news?id=24209