GST Department Nabs Mira Road Resident for Rs 8.43 Crore Fake ITC Fraud

Last updated: 13 November 2025

The Maharashtra State Tax Department, Thane Zone, has arrested a Mira Road resident, Srikanth Vaidyanath, for his alleged involvement in a massive fake GST Input Tax Credit (ITC) racket worth Rs 8.43 crore. Officials said the accused generated and passed on fraudulent tax credits through a non-exist

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