CGST Ludhiana busts Rs 260 cr fake billing racket in iron and steel sector, 2 arrested

Acting on specific intelligence, officers of the CGST Ludhiana Commissionerate conducted multiple search operations in Mandi Gobindgarh, District Fatehgarh Sahib, Punjab, unearthing a syndicate involved in availing and passing on fake Input Tax Credit (ITC) in the iron and steel sector through five firms.