Rs 115-crore fake GST invoice racket busted; firm owner held

Financial Express

The Nagpur zonal unit of Directorate General of GST Intelligence (DGGI)has busted a fake invoice racket of over Rs 115 crore and arrested the proprietor of city firm on Thursday, an official said. On the basis of specific information regarding issuance of fake invoices and availment offraudulent Input Tax Credit ( ITC ), simultaneous searches were conducted by officers of DGGI at the premises of a…

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