Centre May Launch Mechanism to Address Fake GST ITC Claims by the End of Nov
As per the senior government official, the Union Ministry of Finance is in a position to develop a process to validate the bogus Input tax credit (ITC). Towards the identical objective, the Central Board of Indirect Taxes and Customs (CBIC) and the Goods and Services Tax Network (GSTN) are collaborating to develop an ITC ledger. […]