Investigation on 1.25 lakh entities for fake GST ITC to continue till December: Official

CBIC plans to also take a review meeting of the investigations with central and state GST officials. The Goods and Services Tax (GST) authorities are likely to continue the follow-up investigations on over 1.25 lakh entities till December to plug revenue leakages, a senior government official told Moneycontrol on September 15. These investigations relate to fake input tax credit (ITC). ITC allows…