CGST Delhi Arrests Smartphone Trader's Director for Rs 60.59 Crore Fake ITC Fraud

Last updated: 10 March 2026

The Anti-Evasion Branch of the Central Goods and Services Tax (CGST), Delhi South Commissionerate has arrested a director of a private limited company involved in smartphone trading for allegedly fraudulently availing Input Tax Credit (ITC) worth Rs 60.59 crore using bogus invoices totaling Rs 397.2
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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