GST officers to be in action mode from Aug 16 to Oct 15, 2024, may visit your shop/office soon
Under GST, entities take fake registration for the purpose of fraudulently claiming ITC by issuing bogus invoices.
Tax officers will launch a two-month long special drive against fake GST registrations on August 16, the Central Board of Indirect Taxes and Customs (CBIC) has said.
With the detection of close to 22,000 fake registrations involving suspected GST evasion of over Rs 24,000 crore in the first such drive in May, last year, the National Coordination Committee, comprising senior Centre and state tax officers, last month decided to launch a second special drive “to clean up the tax base”.
Under the special drive, GST Network, in coordination with Directorate General of Analytics and Risk Management (DGARM), CBIC, will identify suspicious/ high-risk GSTINs, based on detailed data analytics and risk parameters. Such information would be passed on to the jurisdictional tax officer for further verification.
