https://www.taxtmi.com/news?id=22587 DGGI initiated an investigation into the issuance of fake invoices by three firms that enabled buyers to claim ineligible ITC and facilitated fraudulent IGST refund claims; data analytics tied the conduct to a prior exporter operation and identified large aggregate invoice values and tax credits. A director was arrested under Section 69(1) CGST Act in connection with alleged offences under Sections 132(1)(b) and 132(1)(c), while investigations into other principals and related diversion of duty free imports continue. en-us Wed, 04 Mar 2020 18:28:12 +0530 Wed, 04 Mar 2020 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22587 DGGI initiated an investigation into the issuance of fake invoices by three firms that enabled buyers to claim ineligible ITC and facilitated fraudulent IGST refund claims; data analytics tied the conduct to a prior exporter operation and identified large aggregate invoice values and tax credits. A director was arrested under Section 69(1) CGST Act in connection with alleged offences under Sections 132(1)(b) and 132(1)(c), while investigations into other principals and related diversion of duty free imports continue. News - Wed, 04 Mar 2020 18:28:12 +0530 https://www.taxtmi.com/news?id=22587