The Central Board of Indirect Taxes & Customs (CBIC) has booked over 8,200 cases involving revenue of over ₹62,000 crore since inception of GST till date. This was the key reason for not changing the threshold related with decriminalisation of offences for fake invoices.
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It needs to be noted that there is no term such as fake invoice in GST law.
Source: business line
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