GST invoice fraud: 12 individuals, including CA, arrested for ITC scam
The arrested chartered accountant is Abhishek Singhal, who ran fake firms to issue fraudulent invoices; he is the tenth chartered accountant arrested so far over GST invoice fraud charges
Dipak Mondal | February 24, 2021 | Updated 00:05 IST
In the ongoing nationwide drive against frauds involving fake GST invoices, the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates have arrested 12 persons in a single day, including a chartered accountant.
The arrested chartered accountant (CA) is Abhishek Singhal, who ran fake firms to issue fraudulent invoices, informed Revenue Department sources. He is the tenth chartered accountant arrested so far over charges of running bogus firms and/or issuance of fake invoices to fraudulently avail and pass on input tax credit (ITC) without actual supplies of goods or services.
GST invoice frauds: 12 individuals, including CA, arrested for ITC scam businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.