The Directorate General of GST Intelligence (DGGI) has widened its probe against the insurance companies for wrongful claim of input tax credit. It has served show cause notices to multiple insurance intermediaries including HDFC Bank, Go Digit Insurance, Policy bazaar, people familiar with the development said.
The notices, sent by the Mumbai, Ghaziabad, and Bengaluru offices of DGGI, alleged that these companies issued fake invoices for many insurance
Source : https://tinyurl.com/ycynhruw
