GST fraud worth Rs 138 crore unearthed in Odisha, 4 arrested

Financial Express

Tax authorities in Odisha on Friday claimed to have unearthed a Rs 138-crore GST fraud, and arrested at least four persons for being part of a racket that created fictitious firms and fake invoices. Investigations revelaed that between August 2018 and September 2019, the fictitious firms used fake invoices and made purchases of over Rs 603 crore and sale of Rs 743 crore without paying taxes, but a…

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