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Curbing the GST fake invoices menace

BL Internet Desk | Updated on November 23, 2020

The Law Committee of the GST Council has come out with a two-pronged strategy to curb fake invoices. One suggestion is that an Aadhaar-like registration process may be adopted for new or fresh registrations, and the other, a full application of a ‘business intelligence and fraud analytics (BIFA)’ tool for identification of riskier traders on the basis criteria such as non-filing of return for six months.

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Published on November 23, 2020

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