Here’s how companies have learnt to evade GST

HYDERABAD: Investigating into a first of its kind case of tax evasion, running into crores of rupees, through a network of dummy firms that availed and utilised fraudulent input tax credit, the Hyderabad GST commissionerate suspects the involvement of big manufacturing companies. Officials have found out that the modus operandi has been in place for the last nine months, even though the GST is a r…