Mumbai Two held for GST irregularities of nearly Rs 200 cr
Mumbai Mar 21 PTI Two people were arrested for alleged irregularities to the tune of nearly Rs 200 crore in connection with Goods and Services Tax payments an official said on Monday Two firms had cheated on tax by issuing fake invoices and transferring input tax credit ITC as per a probe conducted by the GST department after which its owners were held he said In both cases by issuing fake invoices of Rs 197 crore without supply of goods and transferring ITC of Rs 29 crore fake deduction of Rs 29 crore has been made available to the recipients which was a violation of Maharashtra Goods and Services Tax Act the official informed Both the accused have been remanded in judicial custody PTI ZA BNM BNM BNM
Mumbai Mar 21 PTI Two people were arrested for alleged irregularities to the tune of nearly Rs 200 crore in connection with Goods and Services Tax payments an official said on Monday Two firms had cheated on tax by issuing fake invoices and transferring input tax credit ITC as per a probe conducted by the GST department after which its owners were held he said In both cases by issuing fake invoices of Rs 197 crore without supply of goods and transferring ITC of Rs 29 crore fake deduction of Rs 29 crore has been made available to the recipients which was a violation of Maharashtra Goods and Services Tax Act the official informed Both the accused have been remanded in judicial custody PTI ZA BNM BNM BNM
