News > Mumbai: Rs 29.58 crore GST racket busted, 3 men arrested
Mumbai: Rs 29.58 crore GST racket busted, 3 men arrested
14/09/2024 10:52 AM | Click to read full article
The Anti-Evasion Wing of the CGST Palghar Commissionerate exposed a fake Input Tax Credit (ITC) racket, which involved eight bogus firms, came to light following intelligence gathered during the second All India Drive against fake GST registrations. Investigations revealed several linked entities, including Hinglaj Packaging LLP, which issued bogus invoices to illegally claim and pass on ITC without any actual supply of goods or services.
