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GST investigation wing books three firms for ₹600 cr tax evasion
short by Rishabh Bhatnagar / on Tuesday, 28 July, 2020
The Directorate General of GST Intelligence (DGGI) booked three firms, namely Fortune Graphics, Reema Polychem and Ganpati Enterprises for tax evasion of more than ₹600 crore. "They issued invoices worth more than ₹4,100 crore wherein tax amount of more than ₹600 crore has been fraudulently passed on as input tax credit," officials said. Three persons have been arrested.
read more at PTI