Central GST Delhi West Commissionerate arrests two Rohini based businessmen in national capital in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately 201 crore relating to Plastic Granule Industry

Central GST Delhi West Commissionerate arrests two Rohini based businessmen in national capital in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately 201 crore relating to Plastic Granule Industry https://www.taxtmi.com/news?id=20355 Alleged fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply in the Plastic Granule industry led to searches that recovered incriminating documents, the identification of multiple entities issuing fake invoices, and an estimated tax evasion of approximately Rs. 201 crore; two businessmen were arrested under Section 69(1) of the CGST Act, 2017 and produced before the Metropolitan Magistrate while investigations continue. en-us Thu, 02 Aug 2018 09:37:27 +0530 Thu, 02 Aug 2018 09:48:00 +0530 TaxTMI RSS Generator Central GST Delhi West Commissionerate arrests two Rohini based businessmen in national capital in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately 201 crore relating to Plastic Granule Industry https://www.taxtmi.com/news?id=20355 Alleged fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply in the Plastic Granule industry led to searches that recovered incriminating documents, the identification of multiple entities issuing fake invoices, and an estimated tax evasion of approximately Rs. 201 crore; two businessmen were arrested under Section 69(1) of the CGST Act, 2017 and produced before the Metropolitan Magistrate while investigations continue. News - Thu, 02 Aug 2018 09:37:27 +0530 https://www.taxtmi.com/news?id=20355