CA, two businessmen arrested for GST fraud

CA, two businessmen arrested for GST fraud

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CA, two businessmen arrested for GST fraud
MUMBAI: The central GST authorities in Thane on Wednesday arrested two businessmen and a chartered accountant for allegedly floating fake companies and fraudulently claiming input tax credit on transactions of over Rs 60 crore. Input tax credit allows taxpayers to claim credit for taxes paid on purchase. Traders often buy fake bills to claim input […]
Source: GST India