https://www.taxtmi.com/news?id=72441 Fraudulent availment and utilisation of Input Tax Credit under the CGST Act was detected through data analytics and backward supply-chain verification, showing ineligible ITC claimed without underlying supply and breaking the credit chain under Section 16. Ineligible ITC was also passed on to buyers without corresponding supply. The director admitted controlling the transactions but failed to produce documentary evidence, and was arrested under the CGST Act while further investigation continued. en-us Sat, 18 Apr 2026 09:51:56 +0530 Sat, 18 Apr 2026 09:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72441 Fraudulent availment and utilisation of Input Tax Credit under the CGST Act was detected through data analytics and backward supply-chain verification, showing ineligible ITC claimed without underlying supply and breaking the credit chain under Section 16. Ineligible ITC was also passed on to buyers without corresponding supply. The director admitted controlling the transactions but failed to produce documentary evidence, and was arrested under the CGST Act while further investigation continued. News - Sat, 18 Apr 2026 09:51:56 +0530 https://www.taxtmi.com/news?id=72441