GST: How firms are already cheating the system

GST: How firms are already cheating the system
By

Many companies, especially those with a turnover of between Rs 50 crore to Rs 200 crore, are creating shell companies specifically to take advantage of GST. These shell companies would be used to take credit in an interstate transaction and would accumulate input credit

July 13, 2017 at 02:08PM
via The Times of India http://ift.tt/2t5VSFW

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