https://www.taxtmi.com/news?id=24985 Enforcement action detected a scheme to obtain inadmissible input tax credit by creating non existent entities and issuing fictitious invoices. Cloud storage data identified a key operative running a nexus of fake firms; searches found multiple firms absent at their declared addresses. The operative was arrested, admitted involvement, and was remanded to judicial custody while investigations under the CGST Act, 2017 continue. en-us Fri, 28 Jan 2022 18:31:52 +0530 Fri, 28 Jan 2022 18:31:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24985 Enforcement action detected a scheme to obtain inadmissible input tax credit by creating non existent entities and issuing fictitious invoices. Cloud storage data identified a key operative running a nexus of fake firms; searches found multiple firms absent at their declared addresses. The operative was arrested, admitted involvement, and was remanded to judicial custody while investigations under the CGST Act, 2017 continue. News - Fri, 28 Jan 2022 18:31:52 +0530 https://www.taxtmi.com/news?id=24985