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Fake Input Tax Credit Racket: CGST said the suspect has been arrested. (representative)Raigad (Maharashtra): A team from CGST Commissionerate, Raigad,
A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.
CGST of Raigad busted a racket of fake GST Input Tax Credit involving fake invoices amounting to Rs 70Cr involving ITC of RS 13Cr and arrested one person in the case.
Mumbai: Nhava Sheva Custom officials seize undeclared goods worth crores in multiple ops in a week; see pics
Central Goods and Services Tax (CGST) Commissionerate, Mumbai zone, on Friday said it has busted a network involved in availing fake input tax credit benefits under goods and services tax.