Revolutionary Raja Ram for Tax & Economic Reforms
about 1 year ago
Rajkot bullion trader held for evading Rs 44-cr GST A bullion trader was arrested by the Directorate General of GST Intelligence (DGGI) in Rajkot for allegedly evading GST worth Rs 44 crore by forging bills and claiming undue input tax credit (ITC).
The DGGI, in a statement, said the search led to unearthing of GST fraud involving taxable value of Rs 1,467 crore and availing and passing of fake ITC of Rs 44 crore. The investigation is underway and the quantum of fraud may likely go up, it added.
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