Events Which May Hint Suspicion In GST

Following are few illustrative areas which may trigger suspicious business / trade practices in GST regime and raise alert at the revenue authority’s end: (1) Substantial carry forward of input tax credit on closing stock as on 30.06.2017 (GST applicable w.e.f. 1.7.2017) .

from TaxGuru http://bit.ly/2FzXwpp
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