The rise of scams involving fake GST invoices is of great concern. Most cases comprise the use of fake GST invoices for incorrect availing of undue input of tax credit (ITC). The government introduced the Goods and Service Tax (GST) as a successor to its predecessor VAT system on goods and services sold. It was implemented in 2017 as an effort to unify the tax systems levied by the center and states and create common tax laws. The last six years have seen an improvement in economic activity; however, there has been an equal increase… Read More