Deepak Gupta | Jun 15, 2022 |

Court remands back persons involved in fake ITC racket of Rs 370 Cr

Recently CGST Mumbai Central busted a fake GST ITC racket and arrested 2 persons in 2 separate cases involving availment & utilization of fraudulent ITC of Rs. 348 Cr from 278 firms and in other Rs. 22.7 Cr of ITC from 40 firms by issuing bogus invoices.

These persons have been remanded back by Court to JC for 14 days for further investigation.

CGST Mumbai Central busted fake ITC racket and arrested 2 persons in 2 separate cases involving availment & utilization of fraudulent ITC of Rs. 348 Cr from 278 firms and in other Rs. 22.7 Cr of ITC from 40 firms by issuing bogus invoices. Court remanded them to JC of 14 days. pic.twitter.com/7zK0FSGr5t
— CGST Mumbai Central Commissionerate (@GSTMumCentral) June 14, 2022

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Tags: Fake Billing, Fake Invoice, FAKE ITC, GST, GST Fake Invoice, GST Fraud, GST ITC Racket, GST News, Input tax credit, ITC, ITC Fraud, News, Tax Fraud

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