Ahmedabad-based Kushal Group's CMD held for Rs 89cr GST fraud

The chairman and managing director of Kushal Group, an Ahmedabad-based conglomerate, has been arrested for allegedly availing Rs 88.78 crore input tax credit (ITC) using fake invoices, the  CGST  Commissionerate here said Tuesday. Sandeep Agrawal, whose group has interests in trading,  manufacturing  and infrastructure development, was arrested Monday by the preventive wing of…