Invoice matching mechanism in GST to check frauds - FM
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In a letter to Congress Rajya Sabha member Digvijaya Singh, Mr Jaitley said there is only one GST return with internally auto-populated returns for invoice matching and availing of input tax credit .
He said it is through the invoice matching and automated return mechanism that the government can ensure eligible input tax credit is accurately transferred between the states .
Mr.Singh, in his letter to the Finance Minister had said multiple tax returns would have to be filed by businesses leading to compliance burden. #casansaar (NewsonAir)
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