Central GST Delhi North Commissionerate has busted a racket of issuance of fake invoices without actual supply of goods and services.

Central GST Delhi North Commissionerate has busted a racket of issuance of fake invoices without actual supply of goods and services. https://www.taxtmi.com/news?id=21846 Issuance of fabricated tax invoices to generate fraudulent Input Tax Credit is alleged in a coordinated scheme using multiple sham firms; two individuals were arrested for operating a network that issued fake invoices from a central premise for firms across the region. Investigations recovered voluminous documentary and electronic evidence-fake invoices, letterheads, rubber stamps, diaries, consignment notes, cheque books and devices-and inquiries continue to identify further participants. The accused are alleged to have committed offences under GST penal provisions that are cognizable and non-bailable, and have been remanded to judicial custody pending investigation. en-us Sat, 03 Aug 2019 09:41:24 +0530 Sat, 03 Aug 2019 09:41:24 +0530 TaxTMI RSS Generator Central GST Delhi North Commissionerate has busted a racket of issuance of fake invoices without actual supply of goods and services. https://www.taxtmi.com/news?id=21846 Issuance of fabricated tax invoices to generate fraudulent Input Tax Credit is alleged in a coordinated scheme using multiple sham firms; two individuals were arrested for operating a network that issued fake invoices from a central premise for firms across the region. Investigations recovered voluminous documentary and electronic evidence-fake invoices, letterheads, rubber stamps, diaries, consignment notes, cheque books and devices-and inquiries continue to identify further participants. The accused are alleged to have committed offences under GST penal provisions that are cognizable and non-bailable, and have been remanded to judicial custody pending investigation. News - Sat, 03 Aug 2019 09:41:24 +0530 https://www.taxtmi.com/news?id=21846