New Mechanism to Curb GST Fraud in ITC Claims Expected by November

Last updated: 02 October 2024


The Union Ministry of Finance is advancing efforts to curb fraudulent Input Tax Credit (ITC) claims related to the Goods and Services Tax (GST) paid under the Reverse Charge Mechanism (RCM). A senior official has revealed that the Central Board of Indirect Taxes and Customs (CBIC) is collaborating w

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