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DGGI sends 300 notices to cos' top brass over input tax credit

By Economic Times - 12 hours ago
The DGGI has issued over 300 show-cause notices to company officials for wrongfully availing input tax credit. Penalties up to 100% have been imposed. Notices target top management where their role in tax evasion is established. Industry argues penalties should only apply in exceptional cases. Recipients challenge the notices in court.

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