https://www.taxtmi.com/article/detailed?id=13906 The document addresses fake invoicing under GST as the issuance of invoices without actual supplies to wrongfully claim Input Tax Credit (ITC) and evade tax. It outlines legal measures including civil penalties under the CGST framework, criminal liability and PMLA invocation for large-scale fraud, administrative ITC-blocking mechanisms, GSTN analytics and E-Way Bill monitoring, and enforcement actions such as attachment and freezing of assets. It recommends technology upgrades, inter-agency data-sharing, stricter KYC for registration, and legislative strengthening to curb fraudulent ITC claims. en-us Tue, 25 Mar 2025 08:49:13 +0530 Tue, 25 Mar 2025 08:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13906 The document addresses fake invoicing under GST as the issuance of invoices without actual supplies to wrongfully claim Input Tax Credit (ITC) and evade tax. It outlines legal measures including civil penalties under the CGST framework, criminal liability and PMLA invocation for large-scale fraud, administrative ITC-blocking mechanisms, GSTN analytics and E-Way Bill monitoring, and enforcement actions such as attachment and freezing of assets. It recommends technology upgrades, inter-agency data-sharing, stricter KYC for registration, and legislative strengthening to curb fraudulent ITC claims. Articles Goods and Services Tax - GST Tue, 25 Mar 2025 08:49:13 +0530 https://www.taxtmi.com/article/detailed?id=13906