GST officials bust 23 firms in input tax credit fraud worth Rs91 crore - GrowMudra

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GST officials bust 23 firms in input tax credit fraud worth Rs91 crore

11 Jul , 2021 By : Kanchan Joshi

GST officials bust 23 firms in input tax credit fraud worth Rs91 crore

GST officials have busted a network of 23 firms involved in passing on of inadmissible input tax credit (ITC) through goods-less invoices of approximately Rs91 crore. Their modus operandi involved floating of multiple firms with the intent to avail or utilise and pass on inadmissible credit.

The officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) unearthed a case based upon specific intelligence, informed Ministry of Finance

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