https://www.taxtmi.com/news?id=56144 Allegations concern a large-scale racket in the iron and steel sector involving generation and use of fake GST invoices to claim and set off inadmissible tax credits; multiple related firms availed and utilized ineligible Input Tax Credit through bogus documents, prompting coordinated search operations, arrests of two primary operators under the Central GST framework, and an ongoing investigation to map the network and quantify misclaimed credits. en-us Thu, 18 Sep 2025 21:31:03 +0530 Thu, 18 Sep 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56144 Allegations concern a large-scale racket in the iron and steel sector involving generation and use of fake GST invoices to claim and set off inadmissible tax credits; multiple related firms availed and utilized ineligible Input Tax Credit through bogus documents, prompting coordinated search operations, arrests of two primary operators under the Central GST framework, and an ongoing investigation to map the network and quantify misclaimed credits. News - Thu, 18 Sep 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=56144