https://www.taxtmi.com/news?id=74878 Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress. en-us Fri, 18 Sep 2026 16:15:23 +0530 Fri, 18 Sep 2026 16:15:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74878 Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress. News - Fri, 18 Sep 2026 16:15:23 +0530 https://www.taxtmi.com/news?id=74878