CGST Delhi South Commissionerate Uncovers ₹47.12 Crore ITC Fraud
The CGST Delhi South Commissionerate has arrested a proprietor involved in a fraudulent Input Tax Credit (ITC) scheme worth ₹47.12 crore in the iron and steel sector. The investigation revealed that the taxpayer used bogus invoices to claim ITC without actual supply of goods, violating the CGST Act 2017. This operation is part of a broader initiative to combat fake ITC networks and prevent revenue leakage.
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