Business Standard

Professionals and kingpins among 25 held for issuing fake bills under GST

350 cases filed against 1,180 entities, actual amount of fake ITC claimed being ascertained, say sources

GST
Premium

A source said the cases would be investigated against the beneficiaries by the Enforcement Directorate

Indivjal Dhasmana New Delhi
As many as 25 persons including two kingpins and as many professionals have been arrested in last four days for allegedly issuing fake invoices for taking input tax credit (ITC) under the goods and services tax (GST) regime. As many as 350 cases have been booked against 1,180 entities in the matter. 

The actual amount of fake ITC claimed is being ascertained, sources in the directorate general of GST intelligence (DGGI). 

Sources said search and investigation operations are on to identify and apprehend other persons involved in the racket and also the beneficiaries who have used the fake invoices to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in