Sources said authorities are examining multiple issues, which include non-payment of tax on amount recovered through debit notes, excess claim of input credit and transactions between plants and depots. There was no estimate of violations involved, although some of the suppliers are said to have admitted to a tax liability and made some initial payments.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2RiI02E
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