Haryana detects Rs 1,182 cr GST fraud, 69 fake firms found

The Tax Research Unit of the Haryana Excise and Taxation Department has detected Rs 1,182 crore fraud allegedly committed by registering 69 fake and non-existing firms in the state. Officials suspect that these entities were formed to make false claims of credit. According to the officials, such traders don’t pay the taxes but claim credit by way of fake invoicing. The illegal credit is passed on…