GST Evasion: CGST officials busts racket for generating fraudulent Input tax Credit through fake billing of around Rs 1,278 crore

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi (East) have busted a major racket for the generation of huge inadmissible input tax credit (ITC) through fake billing of Rs 1,278 crore (approx). The well-established syndicate was being operated by floating seven different fake […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2HNbwPe