FIEO suggests government to issue showcause notice to risky exporters for tax refunds fraud

Responding to media reports highlighting that 1,377 exporters, who fraudulently claimed IGST refund worth Rs 1,875 crore, FIEO said: “While the number of untraceable exporters as a percentage of total number of exporters is not much yet untraceability of such a large number of exporters requires concerted efforts by all of us to trace them and bring them to books.”

from Economy-News-Economic Times https://ift.tt/3fGXGcP
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