Namaskar!

In our efforts to keep you updated with everything that is happening in the business world, we make sure to share what we encounter on a daily basis.

Today, we came across a very alarming case, something which we believe is a significant risk to every Business!

We believe it is vital for you to know about what is happening so you can take steps to protect your business from it!

The case of Fraud E-Way Bill

One of our prospective client got hold of a Fraudulent E-Way bill which mentions the name of our customer's company with the wrong address. The GST number on the E-Way bill was however accurate.

However, the E-Way Bill mentions the correct address and details consignee, while the wrong address in DISPATCH FROM Column. We reached the other company mentioned on the E-way bill after which we got to know that they do not even deal in the products mentioned on the E-Way bill!

Besides that, he is unable to get access of the Transporter mentioned on the E-Way Bill. We also searched the truck number on VAHAN Site, then we get to know that the vehicle number belongs to two-wheeler registered in Jharkhand.

After exploring the Fraudulent document, it was evident that the document was being used by some fraudsters to dodge the officer on the way and to illegally move the goods and ultimately to evade GST.

Why do you know this?

Any company including you can become the victim of such Fraud, and so must take steps to protect yourselves, because even today, the person who is accused in our country, has to prove his innocence.

We gave reason to say this.

No one can deny that the officers believe that business people always involve in deliberate tax evasion in the taxation case. A straightforward example of this is that even in case of mismatch or non-compliance, where the Government does not lose single rupee of tax, they demand penalty under section 74 or 129 with an allegation of tax evasion. Not only they demand, but also make immense pressure to pay.

What should you do?

1.  The first and the foremost thing to keep in mind is that if you get hold of any such document, the first thing you should do is write an official letter to the Department explaining everything. You can protect your company from every kind of issue by writing to the Department in advance.

2.  If any documents of your business are lost or untraceable, then make a diary at the Police Station.

3.  The other important thing to keep in mind is that you must dispose of or kept every document related to your company properly. A normal piece of document related to your company can be used by a Fraudster to create bogus E-way bills and use that to evade Taxes!!!

4.  Share your user id and password only with the reliable ones.

5.  Change your user id and password at regular intervals.

If you have faced any such issue in your Business or are looking for answers to specific problems with GST,

Contact GST DOST and get expert advice and help.

T: 9088883000

E: support@gstdost.com

We will make sure to solve your problem and provide a solution that will prevent every kind of issue that you can face related to GST!!!