Over 4,900 fake GST registrations cancelled since May 16 in ongoing drive ...Middle East

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Over 4,900 fake GST registrations cancelled since May 16 in ongoing drive
GST authorities have identified about 17,000 non-existent GSTINs and cancelled over 4,900 registrations in the ongoing pan-India drive against fake registration, a senior tax official said on Wednesday. Currently, there are 1.40 crore businesses registered under Goods and Services Tax, nearly double the number of businesses registered in indirect tax regime pre-GST rollout. Central Board of Indirect Taxes and Customs (CBIC) member Shashank Priya said in the drive against fake registration, till July 4, over 69,600 GST Identification Numbers (GSTINs) have been selected for physical verification by field tax officers. Of this, over 59,000 GSTINs have been verified and 16,989 have been found to

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