Tag: Central Goods and Service Tax

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.

March 18, 2023

Delhi East CGST officials arrest man for input tax credit fraud of Rs 38.91 crore, issuance of fake bills of Rs 216.06 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).

March 2, 2021