Quick Summary
In a major crackdown on GST fraud, the Enforcement Wing (South Zone) of the Commercial Taxes Department has unearthed an inter-State fake invoice racket involving fraudulent transactions worth Rs 1,464 crore. The operation has led to the arrest of four individuals allegedly involved in generating bo
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FAQ :
The fake invoice racket involved fraudulent transactions worth Rs 1,464 crore.
Four individuals have been arrested in connection with the GST evasion.
The inter-State fake invoice racket operated across Karnataka and Tamil Nadu.
The fake transactions primarily involved commodities such as cement, iron and steel, and other construction materials.
During the raids, officials seized 24 mobile phones, 51 SIM cards, two pen drives, bank statements, and multiple rubber stamps linked to different business entities.
All four accused have been remanded to judicial custody for 14 days by the Special Court for Economic Offences in Bengaluru.
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