GST officials bust fake input tax credit racket in Delhi

The anti evasion branch of Central Goods and Service Tax ( CGST ), Commissionerate, Delhi (East) busted a major racket of claiming  input tax credit  (ITC) through fake e-way billing of Rs 1,278 crore, without actual movement of goods.  Seven different fake firms were floated with the intent of passing of inadmissible credit to the tune of Rs 137 crore, the finance ministry said in…