One arrested for fraudulently availing Input Tax Credit of more than Rs 16 cr
During the search, many pen drives, rubber stamps of different firms, and documents/records were resumed and the same is being investigated for estimation of duty evasion.
During the search, many pen drives, rubber stamps of different firms, and documents/records were resumed and the same is being investigated for estimation of duty evasion.
The firms were engaged in circular trading and issuing fake bills to claim fraudulent Input Tax Credit (ITC) to evade taxes.
