Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

Invoices being shown twice in GSTR2B for April and May 2022

Few taxpayers (recipients of supply) have reported that they have observed the same invoice twice in GSTR 2B i.e. April and May, 2022. Taxpayers are advised not to avail ITC on the same invoice twice. A solution to the issue would be implemented shortly as reported by GSTN Infosys.

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