DGGI Gurugram officials bust ITC racket involving 461 shell entities with fraudulently claiming Rs 863 crore, 2 held https://www.taxtmi.com/news?id=26603 Forensic analysis of seized digital devices and documents uncovered creation and operation of a network of shell entities using forged identity and business records to generate and transfer fraudulent Input Tax Credit, tracing the illegitimate credit flows into the metal/iron and steel sector and prompting arrests and an ongoing criminal investigation. en-us Fri, 16 Jun 2023 17:27:07 +0530 Fri, 16 Jun 2023 17:27:07 +0530 TaxTMI RSS Generator DGGI Gurugram officials bust ITC racket involving 461 shell entities with fraudulently claiming Rs 863 crore, 2 held https://www.taxtmi.com/news?id=26603 Forensic analysis of seized digital devices and documents uncovered creation and operation of a network of shell entities using forged identity and business records to generate and transfer fraudulent Input Tax Credit, tracing the illegitimate credit flows into the metal/iron and steel sector and prompting arrests and an ongoing criminal investigation. News - Fri, 16 Jun 2023 17:27:07 +0530 https://www.taxtmi.com/news?id=26603