Quick to Check Fake Invoice with Fraud Complaint Under GST

Easy to Check Fake GST Invoice with Complaint Process

GST system was being executed to simplify the taxation procedure and is indeed become the tool for tax evasion used via fraudsters. Smaller business people and customers might get in trouble from rampant fraud in the name of GST invoices. In the name of the tax, the bogus GST bill will also support the scammers in stealing the money which has been paid through the customers.

ITC claims and GST bills settling claims would be taken at various times. In order to prevent getting fooled by shopkeepers and firms in the name of the authentic bill, the customers could normally perform a check for verifying if the bills provided to them are real or not.

What Does the Term GST Invoice Identify?

A supplier or a seller to the buyer would generate the goods and services tax invoice of the goods and services. A document known as a bill assists in determining the parties engaged in the buying of goods and services. The same would comprise the name of the product, description, quantity of goods/services purchased/ details of supplier, date of purchase, discount, etc.

What Does the Term Bogus GST Invoice Describe?

From the circular issued through the Ministry of Finance for the identification of bogus GST invoices, a bogus GST bill would be generated without any actual goods or services supply or GST payment. The bogus GST bill could be made for GST evasion, converting Income Tax credit into cash, booking fake purchases, and money laundering.

What is the Method to Find Out the Bogus GST Invoice?

Verifying the Format of GSTIN

Finding out the bogus GST bill would be through learning the basic structure of the 15-digit GSTIN number which shall be provided to the supplier/dealer/shopkeeper. The state code is shown by the first two digits of GSTIN, the next ten digits are the PAN number of the seller or supplier, 13th digit is the entity number of the identical pan holder in the state. In the GSTIN the 14th digit is the letter ‘Z’, and the 15 digit is the ‘checksum digit’. If there is any mismatch in the GSTIN format could assist in analyzing discrepancies in the GST invoice.

Govt GST Portal

The other method for verifying the authenticity of the invoice is by checking the GSTIN on the GST website. Go to the official website of the Goods and Services Tax https://www.gst.gov.in/. Tap on the option of ‘Search Taxpayer’ to verify the GSTIN number mentioned in the GST invoice. Opt for the option of ‘Search by GSTIN’ and enter the GSTIN in the search box. For the case of an authentic GSTIN, the particulars of the supplier will be shown on the website.

What is the Method to File A Complaint of GST Fraud?

There are various methods for raising complaints of bogus GST invoices. People can proceed to the official portal of GST, then tap on CBEC Mitra Helpdesk and ‘Raise Web Ticket’. People can also send emails to cbecmitra.heldesk@icegate.gov.in. Another way to flag a complaint is to reach out to the authority on Twitter. Their official Twitter handle is GST (@askGST_GoI) and the Finance Ministry (@FinMinIndia).