Aadhar card and PAN card are essential documents. They are used in many places from bank account. Another where the work related to finance function has become simpler. At the same time, they are also being misused. News of fraud comes to the fore every day. If you share your Aadhar card or PAN card information with anyone without any reason. Then by doing this you are putting yourself in trouble. Both these documents are being misused. Fraudsters are stealing GST by collecting information.
The Central Board of Indirect Taxes and Customs (CBIC) has advised the public. It said fraudsters can use it for evasion of GST by providing PAN and Aadhar card details without valid reason or any monetary benefit. According to the news, CBIC has made a tweet. In which it said that the information of Aadhaar and PAN can be misused to create fake entities for GST evasion. So avoid sharing them without any valid reason.
CBIC gave information on Twitter
CBIC tweeted this information. The board said that keep your personal information safe. Which can be misused to create fake institutions for GST evasion. Goods and Services Tax authorities have busted many fraud companies. Used to claim input tax credit by creating fake invoices without actual supply of items.
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