Fake firms at govt premises claimed GST credit worth crores

Nagpur: A fake input tax credit (ITC) racket involving dummy firms, some of which were registered at addresses in government premises at Nagpur, has been unearthed by the Directorate General of Goods and Services Tax Intelligence (DGGSTI). ITC to the tune of Rs78 crore has been availed by these firms by recording fictitious transactions worth over Rs430 crore. Each of the 23 firms allegedly involv…