The Office of the Commissioner of Commercial Taxes, Government of Goa, on 2nd August, 2022, issued a circular clarifying the issues relating to applicability of demand and penalty provisions under the Goa Goods and Services Tax Act, 2017.
The clarification has been issued pursuant to ambiguities existing in number of cases where the registered persons are found to be involved in issuing fake invoices to avail and utilize input tax credit. The government has mandated strict penalty against issuing fake invoices to avail and utilize input tax credit.
