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CGST Navi Mumbai Commissionerate busts fake IT racket of about Rs 21 cr, 1 arrested

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Mumbai , Maharashtra , India , Prabhat-kumar , Services-tax , Image-source , Mumbai-commissionerate , Central-goods , Navi-mumbai , Shree-ram-enterprise , Input-tax-credit , Services-act

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.

Mumbai , Maharashtra , India , Belapur , Evasion-department , Central-goods-services-tax , Central-goods , Services-tax , Navi-mumbai , Input-tax-credit , Shree-ram-enterprise

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.

Mumbai , Maharashtra , India , Prabhat-kumar , Services-tax , Central-goods , Navi-mumbai , Shree-ram-enterprise , Input-tax-credit , Services-act , Judicial-magistrate-first , Mumbai-zone