Quick Summary
CGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier CGST Mumbai South Commissionerate has detected tax evasion of Rs. 876 Crores, recovered Rs. 14.4 Crores so far Mumbai, 26thApril 2022 Anti-Evasion Unit
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FAQ :
A co-conspirator in a fake Input Tax Credit (ITC) fraud case has been arrested.
The fake ITC claimed was Rs 11.07 crore, based on bogus invoices totalling Rs 62.90 crore.
Yes, the proprietor of M/s New Laxmilal & Co. was previously arrested in December 2021 for similar offences.
The CGST Mumbai South Commissionerate has detected approximately Rs 876 crore in tax evasion and recovered Rs 14.4 crore so far.
Eight persons have been arrested in the last seven months as part of this anti-evasion drive.
The department is utilising advanced data analytics and network analysis tools powered by Artificial Intelligence.
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