Taxmen arrest three for issuing fake GST invoices to claim input tax credit

The Commercial Taxes department has busted a racket involved in issuing fake  GST invoices to help some dealers claim input  tax credit (ITC) from the government. Three Bengaluru-based businessmen, who have been arrested, had issued fake GST invoices worth Rs 203 crore to facilitate bogus claims, according to Commercial Taxes Commissioner M.S.Srikar. A dealer can claim  input tax cr…