CGST arrests one person in connection with fake GST invoices

One person has been arrested by the Central Goods and Services Tax (CGST) Delhi North Commissionerate for receiving fake invoices valued at Rs 71.22 crore involving fraudulent Input Tax Credit (ITC) of Rs 12.82 crore from 30 bogus firms.

In an official statement, the finance ministry said that the modus operandi was to build several fake companies in the name of employees of the operator of fake firms and other persons. The statement further added, “The accused was arrested Saturday and was sent to judicial custody till March 21. Further investigation in the case is in progress.”

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