CGST Ludhiana busts Rs 455 crore fake GST billing scam in iron and steel sector; 2 arrested

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....GST Ludhiana busts Rs 455 crore fake GST billing scam in iron and steel sector; 2 arrested<BR>GST<BR>Dated:- 18-9-2025<BR>PTI<BR>Ludhiana, Sep 18 (PTI) Acting on specific intelligence, officers of the....

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.... Central Goods and Services Tax (CGST) Commissionerate, Ludhiana, conducted multiple search operations here and unearthed a massive fake GST invoice racket worth Rs 455 crore, an official statement sa....

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....id on Thursday. Three related firms were involved in availing bogus invoices and utilized ineligible Input Tax Credit (ITC) worth Rs 69.41 crores to set off their GST liabilities. Following the se....

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....arch operations, two individuals -- a man and his son, who were operating and controlling these firms -- were arrested under the provisions of Central GST Act, 2017 and later sent to judicial custody.....

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.... The investigation is ongoing to uncover the full extent of the network and identify other entities involved, the statement said. PTI SUN MR<BR> News - Press release - PIB....