GST Scam detected – Fraud of Rs 141 crore

The Directorate General of Goods and Services Tax Intelligence in Chhattisgarh has detected a fraud of Rs 141 crore,. Two persons have also been arrested in this connection. Central GST and Excise department of Raipur has unearthed the scam.

“The proprietor of Shyam Sales Corporation Aayush Garg and his partner Santosh Agrawal were taken into custody. The firm deals in iron products,” said an official. “The firm in its records, has shown that it had purchased raw material of Rs 141 crore from 12 Odisha-based companies that actually don’t exist,” the official said.