Quick Summary
CGST Delhi East busts a syndicate of 48 fake firms availing fraudulent ITC of over ₹199 crores in Operation Clean Sweep, 3 arrested The Central Goods and Services Tax (CGST) Delhi East Commissionerate has busted a syndicate of 48 interconnected fake firms availing fraudulent ITC of over ₹199 cror
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
'Operation Clean Sweep' was an operation conducted by CGST Delhi East based on intelligence and data analysis to target fake billers.
A total of 48 fake or bogus firms, which were either non-existent or paper entities, were identified.
The fraudulent Input Tax Credit (ITC) amounted to over £199 crores.
Three persons were apprehended and arrested in connection with the fraud.
Incriminating material including stamps of 55 firms, SIM cards, and documents like AADHAR cards and electricity bills belonging to third parties were recovered.
No, further investigations are ongoing to identify and apprehend other members of the syndicate and the ringleaders.
CAclubindia
