Saturday, October 27, 2018

GST Evasion: Businessman arrested for availing Credit worth Rs 440 Cr using Fake Invoices

The Central Goods and Service Tax ( GST ) officials in Mumbai arrested a businessman Uday Kantilal Desai, Director of Reena Tiinaz,  from Navi Mumbai for issuing fake invoices of Rs 1,000 crore to avail of tax credit worth Rs 441 crore. Reports said that the accused inflated the turnover of the companies to get more loans from […]

The post GST Evasion: Businessman arrested for availing Credit worth Rs 440 Cr using Fake Invoices appeared first on Taxscan | Simplifying Tax Laws.



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