Four held for issuing GST invoices worth ₹2,364 crore without supplying goods

The Directorate-General of GST Intelligence (DGGI) Officers of Bengaluru zone have arrested four persons, including a chartered accountant, for their alleged involvement in issuing GST invoices without supplying goods, leading to wrongful utilisation of Input Tax Credit, in Bengaluru. The arrested issued invoices worth ₹2,364 crore, on which credit of approximately ₹385 crore was passed on. Accord…