The Regional Unit, Rohtak of the Directorate General of GST Intelligence (DGGI) arrests one person who was found involved in issuing fake invoices from various firms without actual movement of goods having taxable value of 146.62 crore and fraudulently passing ITC amounting to 16.54 crore https://www.taxtmi.com/news?id=21498 A person was arrested after admitting to opening multiple proprietorship firms and issuing bills without movement of goods to enable buyers to avail and pass fraudulent ITC. The conduct is alleged to constitute offences under Section 132(1)(b) and (c) of the CGST Act, treated as cognizable and non-bailable under Section 132(5) and punishable under Section 132(1)(l)(i); arrest was effected under Section 69(1) and further investigation and recoveries are in progress. en-us Thu, 27 Jun 2019 18:10:01 +0530 Thu, 27 Jun 2019 18:10:01 +0530 TaxTMI RSS Generator The Regional Unit, Rohtak of the Directorate General of GST Intelligence (DGGI) arrests one person who was found involved in issuing fake invoices from various firms without actual movement of goods having taxable value of 146.62 crore and fraudulently passing ITC amounting to 16.54 crore https://www.taxtmi.com/news?id=21498 A person was arrested after admitting to opening multiple proprietorship firms and issuing bills without movement of goods to enable buyers to avail and pass fraudulent ITC. The conduct is alleged to constitute offences under Section 132(1)(b) and (c) of the CGST Act, treated as cognizable and non-bailable under Section 132(5) and punishable under Section 132(1)(l)(i); arrest was effected under Section 69(1) and further investigation and recoveries are in progress. News - Thu, 27 Jun 2019 18:10:01 +0530 https://www.taxtmi.com/news?id=21498