More steps needed to weed out fake ITC generators from GST system: CBIC member

Financial Express

More measures are needed to weed out fake input tax credit (ITC) generators from the system for checking tax evasion and increasing GST revenues, CBIC member Sanjay Kumar Agarwal said on Wednesday. He said the government has taken various steps to tackle the menace of fake ITC claims and has already launched a special 2-month-long drive to identify fake registrations under Goods and Services Tax (…

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