https://www.taxtmi.com/news?id=22678 Investigation revealed a network of sham firms issuing fake GST invoices and rotating fraudulent Input Tax Credit among non existing entities to obscure the trail, then passing ITC to end recipients who paid by bank and received cash back after commission; searches yielded cash, corporate paraphernalia, digital signature devices, payment instruments and identity documents, and the conduct is being prosecuted under the CGST Act with arrests made and further investigations continuing. en-us Mon, 23 Mar 2020 12:59:56 +0530 Mon, 23 Mar 2020 12:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22678 Investigation revealed a network of sham firms issuing fake GST invoices and rotating fraudulent Input Tax Credit among non existing entities to obscure the trail, then passing ITC to end recipients who paid by bank and received cash back after commission; searches yielded cash, corporate paraphernalia, digital signature devices, payment instruments and identity documents, and the conduct is being prosecuted under the CGST Act with arrests made and further investigations continuing. News - Mon, 23 Mar 2020 12:59:56 +0530 https://www.taxtmi.com/news?id=22678