First criminal case registered under GST in Karnataka, two held

In the first ever arrests in  Karnataka for alleged  Goods And Services Tax (GST) violations, the commercial taxes department has apprehended two Bengaluru-based businessmen on charges of committing serious fraud by raising fake invoices to pocket Rs 8.16 crore in the form of Input Tax Credit (ITC). During the probe, the commercial tax sleuths found that the accused had availed ITC witho…