GST authorities unearth racket involving Rs 140 cr tax fraud

GST authorities have unearthed a tax racket and arrested one person for allegedly defrauding the government to the tune of about Rs 140 crore through fraudulent means. The Central Board of  Indirect Taxes and Customs (CBIC) in a release said that the Central GST  Delhi North Commissionerate has unearthed a racket "involving supply of goods-less invoices and invoice-less goods".  One…