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of <h1>Fraudulent Tax Scheme Exposed: Fake Billing Network Generates Rs 87.91 Crore in Fictitious Iron and Steel Sales</h1> GST Intelligence officers uncovered an inter-state tax fraud involving three business entities in Mandi Gobindgarh. The businesses were found generating fake billing for iron and steel articles, fraudulently showing sales of Rs 87.91 crore without actual goods supply and claiming improper input tax credit. Two individuals were arrested for orchestrating GST evasion totaling Rs 13.41 crore, and subsequently sent to judicial custody.
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