https://www.taxtmi.com/news?id=33813 DGGI uncovered a fraudulent Input Tax Credit scheme using shell companies that issued fake invoices and e-way bills without associated RFID movement, enabling illicit ITC claims. Searches recovered invoices, financial records and company seals; 20 fictitious entities were identified, one suspect arrested, a linked bank account frozen, and evidence showed recycled addresses and misuse of personal data to obtain new GST registrations. en-us Wed, 12 Feb 2025 19:16:02 +0530 Wed, 12 Feb 2025 19:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33813 DGGI uncovered a fraudulent Input Tax Credit scheme using shell companies that issued fake invoices and e-way bills without associated RFID movement, enabling illicit ITC claims. Searches recovered invoices, financial records and company seals; 20 fictitious entities were identified, one suspect arrested, a linked bank account frozen, and evidence showed recycled addresses and misuse of personal data to obtain new GST registrations. News - Wed, 12 Feb 2025 19:16:02 +0530 https://www.taxtmi.com/news?id=33813