<h1>Taxpayer arrested for fraudulently claiming Rs.47.12 crore ITC using bogus invoices under CGST Act Sections 69 & 132</h1> A taxpayer engaged in iron and steel trading was found to have fraudulently availed and passed on Input Tax Credit (ITC) worth Rs.47.12 crore using bogus invoices without actual supply of goods, violating the CGST Act 2017. The firm obtained ITC from cancelled and suspended GST registrations and was non-functional at its declared address during a search under Section 67(2). The proprietor was arrested under Sections 69 and 132(1)(b) and 132(1)(c) of the CGST Act. This case is part of a larger effort by the CGST Delhi South Commissionerate to identify and dismantle fake ITC networks causing revenue loss, using data analytics and supply chain mapping tools.