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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
GST Fraud
The Directorate General of GST Intelligence (DGGI) in Belagavi has uncovered a significant GST fraud involving fake invoices worth approximately Rs. 145 crore, leading to an alleged tax evasion of Rs. 43 crore. One individual has been arrested for creating fake GST registrations using forged documents and operating shell entities.
GST Fraud
The Directorate General of GST Intelligence (DGGI) Bengaluru Unit has uncovered six shell companies involved in fraudulent invoicing worth Rs. 266 crore, with Rs. 48 crore claimed as fraudulent Input Tax Credit (ITC). The mastermind, a statutory auditor, has been arrested. The investigation revealed circular trading practices and inflated turnover,