<h1>Company Investigated for Fraudulent IGST Refunds Over Rs. 61 Crores; Directors Arrested Under CGST Act.</h1> DGGI registered a case against a company and others on March 6, 2020, for fraudulently claiming IGST refunds exceeding Rs. 61 crores on goods exports. The company availed ineligible ITC using invoices from non-existent or non-functional firms involved in circular trading without actual goods supplies. These supplier companies, managed by a few individuals, also claimed suspect IGST refunds. On March 7, 2020, two directors were arrested under the CGST Act for related offenses. The investigation into the roles of suppliers and associated individuals is ongoing.