Vadodara: Kapadvanj businessman arrested for Rs 14 crore GST fraud

The Vadodara  GST office on Friday arrested a 52-year-old  businessman from Kapadvanj town of  Kheda district for fraudulently claiming Rs 14 crore as input tax credit (ITC) by preparing bogus supply and purchase bills.  Accused Paresh Patel is the chairman of HM Industries which is engaged in extracting castor oil, solvents and making steel pipes as well. Patel was first summo…