Reetu | Dec 17, 2021 |

Steel trader’s son held for Rs 6cr GST fraud in mumbai

A steel dealer and his son were arrested on Sunday by Central Goods and Services Tax (CGST) officials for allegedly claiming Rs 6.23 crore in input tax credit (ITC) by submitting bogus invoices and causing massive losses to the exchequer.

The Bhiwandi unit of the CGST detained Adarsh Jaiprakash Mittal, the proprietor of Balaji Steel, and his father Jaiprakash Mittal under different CGST regulations.

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

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Name: Reetu

Designation: Content Manager

Company: Studycafe

Location: Delhi, India

Total Posts: 8126

Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.

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