The Goods and Services Tax ( GST ) department has unearthed a racket issuing fake GST invoices for fraudulently availing input tax credit under the new tax regime. The CGST Ahmedabad-South Commissionerate officials arrested a 38-year-old city-based businessman for issuing bogus invoices worth Rs 175 crore for availing ITC worth Rs 32 crore fraudulently. He allegedly opened over 20 firms using […]
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