West Bengal: Four arrested for Rs 500 crore GST fraud

KOLKATA: The department of central goods and services tax and central excise (Kolkata South) has arrested  four men for making false  GST claims and getting input tax  credit ( ITC ) in the name of a network of fake firms, registered on paper in Kolkata and Howrah. The case, GST office in Kolkata indicated, involved defrauding the exchequer of  Rs 500 crore .  The mastermi…