Rs 712 crore fake GST invoice racket busted in Odisha

Bhubaneswar:  The State GST Enforcement Squad on Monday arrested the kingpin of a GST racket involved in the generation of fake invoices worth Rs.712 crore and passing of bogus input tax credit (ITC) of Rs.129 crores over multiple transactions routed through different chains. The mastermind Kashmira Kumar Agrawal, Director of Madhumita Steels Industries Private Limited, has been arrested from…