Man held for input tax credit fraud of Rs 38.91 crore in Delhi
Man held for input tax credit fraud of Rs 38.91 crore in Delhi NEW DELHI: In the ongoing drive to counter the fake billing operations, the Central Goods and Service Tax (CGST) Commissionerate arrested an accused for creating a network of 38 fictitious firms to generate and pass fake Input Tax Credit (ITC) of Goods and Service Tax (GST) amounting to Rs 38.91 Crore. “Information from analytics tool NETRA (Network Exploration Tool for Revenue Augmentation), was developed by the officers of CGST ...
Service Tax Network Exploration Tool For Revenue Augmentation Central Goods Input Tax Credit Network Exploration Tool Revenue Augmentation
Source: dailyexcelsior.com