GST officers arrest one for operating 46 fake firms, passing on ITC worth Rs 82.23 cr

NEW DELHI: GST officers have arrested one person for operating 46 fake firms and passing on fake input tax credit (ITC) worth Rs 82.23 crore, the Finance Ministry said on Monday.  The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East unearthed a multi-layered network of fictitious firms being used to generate and pass on fake ITC.  The network of fake firms wa…