Gujarat tax sleuths bust Rs 750-mn GST racket, second in three months

According to the Vadodara-I CGST commissionerate, an industrialist based out of Kapadwanj was arrested for faking GST invoices in order to avail input tax credit illegally

After the Rs 10 billion goods and services tax (GST) scam unearthed by the Gujarat government’s tax department a couple of months ago, the Central GST commissionerate of Vadodara has now busted a Rs 750-million fake invoice racket.

According to the Vadodara-I CGST commissionerate, an industrialist based out of Kapadwanj, about 90 kms from Vadodara, was arrested for faking GST invoices in order to avail input tax credit illegally.

The industrialist has been sent to judicial custody till March 1, 2019, by the additional chief judicial magistrate, Kapadwanj.

Based on specific intelligence and data-based analysis, officers from the preventive wing of the CGST