https://www.taxtmi.com/news?id=21762 A person was arrested for creating numerous shell firms to issue invoices without supply and to pass fraudulent input tax credit to traders and cotton yarn processors. Searches recovered identity documents, bank instruments, transporter papers, SIM cards and other incriminating material. The conduct is treated as cognizable, non-bailable GST offences under the CGST penal provisions; the individual was arrested and remanded while investigations continue and reported recoveries toward evaded GST have been made. en-us Sat, 20 Jul 2019 09:59:09 +0530 Sat, 20 Jul 2019 09:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21762 A person was arrested for creating numerous shell firms to issue invoices without supply and to pass fraudulent input tax credit to traders and cotton yarn processors. Searches recovered identity documents, bank instruments, transporter papers, SIM cards and other incriminating material. The conduct is treated as cognizable, non-bailable GST offences under the CGST penal provisions; the individual was arrested and remanded while investigations continue and reported recoveries toward evaded GST have been made. News - Sat, 20 Jul 2019 09:59:09 +0530 https://www.taxtmi.com/news?id=21762