Fraudulent GST refunds of Rs 45 crore unearthed in Telangana The Telangana Commercial Taxes Department has unearthed fraudulent GST refunds to the tune of Rs 45.67 crore by seven taxpayers and arrested a key accused on Wednesday.

These taxpayers had floated certain firms showing the fictitious activity of manufacturing electric bikes. Officials said the fictitious firms were floated with the intention to take the GST refund fraudulently under an inverse tax structure.