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Inanna Fashion and Trends update on director

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Capital Market

Violation of Central Goods and Service Tax Act 2017

Inanna Fashion and Trends announced that Rahul Saraf, Whole-time Director of the Company, who is the Promoter and Ex. Director of Maxgrow Overseas, has been arrested on 19 December 2018 and remanded to judicial custody for investigation into violation of the provision of the Central Goods and Service Tax Act 2017 by Maxgrow Overseas pertaining to evasion of GST and using fraudulent means to claim Input Tax Credits.

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First Published: Dec 28 2018 | 9:47 AM IST

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