Mastermind Behind ₹1,825 Crore GST Fraud Apprehended at IGI Airport

Mr. Kapil Chugh, ringleader of a massive GST refund fraud worth ₹1,825 crore, was arrested at IGI Delhi Airport after returning from Dubai. In collaboration with Mr. Vipin Sharma, Chugh orchestrated a sophisticated scheme leveraging dummy firms and false invoices to fraudulently claim input tax credits and refunds. This systematic fraud involved creating false trading activity using intermediary firms and inflated export claims, significantly impacting the GST framework.

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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