<h1>DGGI Nagpur Busts Rs. 500 Crore Fake Invoice Scam; Mastermind Arrested for Fraudulent GST and ITC Claims.</h1> The Directorate General of GST Intelligence (DGGI) in Nagpur uncovered a major fake invoice scheme involving approximately Rs. 500 crores in fraudulent transactions by 18 non-existent firms in Maharashtra. The mastermind, based in Jalgaon, was arrested after investigations revealed he used others' PAN numbers and bank details to create these dummy entities. The scheme involved fake GST transactions and fraudulent Input Tax Credit claims of around Rs. 46.50 crores. The mastermind's arrest on March 5, 2021, followed the discovery of incriminating documents, despite attempts to destroy evidence, and he was remanded to judicial custody until March 19, 2021.