{"id":8073,"date":"2022-08-22T06:54:43","date_gmt":"2022-08-22T05:54:43","guid":{"rendered":"https:\/\/www.klickongstworld.com\/blog\/?p=8073"},"modified":"2022-08-23T05:48:03","modified_gmt":"2022-08-23T04:48:03","slug":"cancellation-of-firms-generating-fake-input-tax-credit-originators-in-the-state-of-haryana","status":"publish","type":"post","link":"https:\/\/www.klickongstworld.com\/blog\/cancellation-of-firms-generating-fake-input-tax-credit-originators-in-the-state-of-haryana\/","title":{"rendered":"Cancellation of firms generating fake input tax credit (originators) in the State of Haryana"},"content":{"rendered":"<p align=\"justify\">The Excise and Taxation Department, Government of Haryana  Identified a list of 213 suspicious taxpayers in the state who were claiming  Input Tax Credit (ITC) in their FORM GSTR-3B but had no input tax credit  reflected in their FORM GSTR-2A\/FORM GSTR-2B. It was suspected that few of  these taxpayers are basically of the nature of fake invoice originators who  would take suo-moto input tax credit and then pass fake\/non-existent input tax  credit to other firms within and outside the State.\n  <\/p>\n<p align=\"justify\">Accordingly, a Special  Drive was initiated against these taxpayers between 8th Aug 2022 to 16th Aug 2022 to  physically verify and cancel registration of fake\/nonexistent taxpayers under  the provisions of Haryana GST Act, 2017 and rules framed thereunder.\n  <\/p>\n<p align=\"justify\">Out of 213 taxpayers, 205  have been physically verified and 114 of which were found fake\/non-existent at  their principal place of business. <strong><u>The <\/u><\/strong><strong><u>department has suspended registration of 103 of these  taxpayers. As a preventive measure ITC worth <\/u><\/strong><strong><u>?4.84 Cr of these fake taxpayers has been blocked and a total recovery of ?6.70 lakhs has been made from these suspicious taxpayers .<\/u><\/strong> Further, physical  verification and cancellation of registrations of remaining fake taxpayers is  under process.\n  <\/p>\n<p align=\"justify\">The Government of Haryana has  zero tolerance for fake\/non-existent firms and appropriate action under the Act  will be taken against people floating such bogus firms and recipients availing  input tax credit from these bogus firms. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022\/08\/1600x960_419230-haryana-excise-and-taxation-department.png<\/p>\n","protected":false},"author":1,"featured_media":8075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8073"}],"collection":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/comments?post=8073"}],"version-history":[{"count":5,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8073\/revisions"}],"predecessor-version":[{"id":8088,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/posts\/8073\/revisions\/8088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media\/8075"}],"wp:attachment":[{"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/media?parent=8073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/categories?post=8073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.klickongstworld.com\/blog\/wp-json\/wp\/v2\/tags?post=8073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}