Fake invoice racket busted, 2 held
Preliminary enquiry conducted so far into the transactions of these firms has revealed tax evasion of nearly Rs 17 crore.
Preliminary enquiry conducted so far into the transactions of these firms has revealed tax evasion of nearly Rs 17 crore.
Information from analytics tool NETRA (Network Exploration Tool for Revenue Augmentation), was developed by the officers of Central Goods and Service Tax (CGST) Commissionerate, Delhi East to unearth a network of fictitious firms used to generate and pass on fake Input Tax Credit (ITC) of Goods and Service Tax (GST).
