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Navi Mumbai: CGST arrests proprietor of M/s Shree Ram Enterprise in fake Input Tax Credit racket of Rs 21 crores

The firm was allegedly engaged in availing, utilizing and passing on a fraudulent ITC on the bogus invoices of around Rs 100 crores thereby defrauding the government exchequer. ....

Evasion Department , Central Goods Services Tax , Central Goods , Services Tax , Navi Mumbai , Input Tax Credit , Shree Ram Enterprise , Navi Mumbai Commissionerate , Input Tax Credit Racket ,

CGST Navi Mumbai Commissionerate busts fake IT racket of about Rs 21 cr, one arrested

The Central Goods and Services Tax (CGST) Commissionerate, Navi Mumbai busted a fake ITC racket of about Rs 21 crores and arrested the proprietor of Shree Ram Enterprise on Wednesday. ....

Prabhat Kumar , Services Tax , Central Goods , Navi Mumbai , Shree Ram Enterprise , Input Tax Credit , Services Act , Judicial Magistrate First , Mumbai Zone , Navi Mumbai Commissionerate , Ews India ,