https://www.taxtmi.com/news?id=22603 Fraudulent IGST refund claims were enabled by a controlled network of non existent or circular trading suppliers issuing invoices without commensurate purchases, allowing exporters to pass on ineligible input tax credit and obtain refunds; two directors were arrested under Section 69(1) in connection with alleged offences under Section 132(1)(b) and 132(1)(c), and investigations into other suppliers and persons continue. en-us Sat, 07 Mar 2020 16:29:15 +0530 Sat, 07 Mar 2020 16:29:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22603 Fraudulent IGST refund claims were enabled by a controlled network of non existent or circular trading suppliers issuing invoices without commensurate purchases, allowing exporters to pass on ineligible input tax credit and obtain refunds; two directors were arrested under Section 69(1) in connection with alleged offences under Section 132(1)(b) and 132(1)(c), and investigations into other suppliers and persons continue. News - Sat, 07 Mar 2020 16:29:15 +0530 https://www.taxtmi.com/news?id=22603