https://www.taxtmi.com/news?id=72837 Two persons, including a chartered accountant, were arrested in connection with alleged GST and VAT irregularities involving misuse of business credentials, dummy firms and layering of funds through multiple bank accounts. The complaint alleged unauthorised use of firm credentials for suspicious transactions, while investigators found cash withdrawals and electronic transfers without genuine business activity. The probe also pointed to dummy firms, filed GST compliances and rapid fund transfers to conceal beneficiaries and obscure the financial trail. en-us Sat, 16 May 2026 17:16:03 +0530 Sat, 16 May 2026 17:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72837 Two persons, including a chartered accountant, were arrested in connection with alleged GST and VAT irregularities involving misuse of business credentials, dummy firms and layering of funds through multiple bank accounts. The complaint alleged unauthorised use of firm credentials for suspicious transactions, while investigators found cash withdrawals and electronic transfers without genuine business activity. The probe also pointed to dummy firms, filed GST compliances and rapid fund transfers to conceal beneficiaries and obscure the financial trail. News - Sat, 16 May 2026 17:16:03 +0530 https://www.taxtmi.com/news?id=72837