<h1>DGGI Busts Fake Invoice Network Worth Rs. 4,500 Crore; Key Arrest Made, 636 Shell Firms Involved.</h1> DGGI officials uncovered a network issuing fake invoices worth over Rs. 4,500 crore, leading to the arrest of a key individual. The investigation revealed non-existent firms filing GST returns from a Delhi location. A search on January 6, 2022, uncovered a server used for cloud storage by a proprietor, who linked the data to a Kolkata-based syndicate. Searches in Kolkata on January 10, 2022, recovered incriminating documents. The syndicate operated 636 firms, issuing invoices without supplying goods, with a taxable value of approximately Rs. 4,521 crore. The investigation led to the reversal of Rs. 4.52 crore in ITC and freezing of Rs. 7 crore in bank accounts.