Multi-state GST, Input Tax Credit fraud of around Rs 200 crore detected

The Central Goods and Service Tax (CGST) department has detected a fraud of Goods and Service Tax (GST) and Input Tax Credit (ITC) in the metal scrap business across Madhya Pradesh, Maharashtra and Gujarat. The fraud amount is likely to around Rs 200 crore, an official said. According to officials, the fraud was committed during the past one-and-half years through bogus business and fake invoices…