GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
This query is : Resolved
03 May 2025
If a fraudulent firm files an invoice in someone’s name and disappears, who is responsible for paying the tax amount?
1. The person in whose name the invoice was filed has no knowledge of the firm.
2. The invoice or materials have not been received.
3. The tax amount hasn't been utilised.
The person then receives a notice from the Anti-Evasion Cell, which is part of the GST authority, and they must pay the tax amount.
If a fraudulent firm raised an invoice in someone’s name and then disappeared, whose responsibility is it to pay the tax amount? What is the best course of action to take
1. The person in whose name the invoice was filed has no knowledge of the firm.
2. The invoice or materials have not been received.
3. The tax amount hasn't been utilised.
The person then receives a notice from the Anti-Evasion Cell, which is part of the GST authority, and they must pay the tax amount.
If a fraudulent firm raised an invoice in someone’s name and then disappeared, whose responsibility is it to pay the tax amount? What is the best course of action to take
04 May 2025
No need to pay tax amount in such a case.
Report the issue with the police for investigation.
File credit note to nullify the tax payable.
Report the issue with the police for investigation.
File credit note to nullify the tax payable.
05 May 2025
THANKS. But is it necessary to write a letter to the concerned {Notice issued to us} authorities, stating our stand?
07 May 2025
Yes, better inform the concerned.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Capital gain of property recd from partnership firm
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
