<h1>Delhi Authorities Bust Rs. 195 Crore Fraudulent ITC Scheme Involving 60 Dummy Firms Under CGST Act.</h1> Authorities in Delhi uncovered a scheme involving the issuance of invoices without actual goods supply, leading to fraudulent Input Tax Credit claims for IGST refunds. The operation involved creating dummy firms, with key figures orchestrating the scheme by opening bank accounts and preparing fake documents. Approximately Rs. 195 crores in fraudulent ITC was passed using invoices totaling Rs. 847 crores. Around 60 dummy firms were involved, with Rs. 18.09 crores credited to the accused's accounts. Unaccounted cash and bank accounts were seized. The accused have been arrested under the CGST Act for non-bailable offenses and remanded to judicial custody for 14 days.