Thread by @iam_anandv: "Thread on why GST Invoice scam is related to vanishing companies and falling GST Returns. 1. Fake company gives fake invoice to real company […]"
Thread by @iam_anandv: "Thread on why GST Invoice scam is related to vanishing companies and falling GST Returns. 1. Fake company gives fake company with ₹1000 ITC. 2. Real company claims Input Credit. Gives back ₹100 as commission. (Layer 1 of the […]"
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