CGST Delhi South Commissionerate Uncovers Major ITC Fraud Case

The CGST Delhi South Commissionerate's Anti-Evasion Branch has arrested an individual involved in a fraudulent Input Tax Credit (ITC) scheme worth ₹60.59 crore. The scheme used fake invoices amounting to ₹397.23 crore with no actual goods or services exchanged. The arrested individual, related to a director of the fraud's beneficiary entity, orchestrated the scheme to defraud government revenue, contravening the CGST Act, 2017.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link