GST Fraud: Rs 9 Crore Fake ITC Racket Busted in Mumbai Zone

Last updated: 02 August 2025

CGST Central Excise Raigad Commissionerate arrests two persons for fraudulently availing Input Tax Credit of Rs 9 crore through shell firms in New Panvel, Raigad, Mumbai Zone A team of officers of Anti-Evasion, CGST Central Excise Raigad Commissionerate, Mumbai Zone, yesterday arrested two pers
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)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Guest

News posted by

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.

Comments

Recent News :

  1. MCA Releases Corporate Mitra Scheme Guidelines 2026
  2. ICAI, ICSI, ICMAI & IIT Madras Join MCA's Corporate Mitra Scheme for MSME Growth
  3. Income Tax Department Enables Online Challan Correction Facility
  4. RBI Withdraws Obsolete FEMA Circulars to Simplify Foreign Exchange Regulatory Framework
  5. RBI Issues TReDS Directions 2026, Simplifies Framework for MSME Financing
  6. ICSI Urges Members to Update Contact Details Ahead of Election Process
  7. Finance Ministry Notifies Jan Vishwas Act Amendments for RBI, LIC, Insurance and PFRDA Laws from 23rd June 2026
  8. ICAI President Calls Yoga a Blueprint for Balanced Professional Life on Yoga Day 2026
  9. MCA Extends Name Reservation and E-Form Resubmission Deadlines Till July 10, 2026
  10. MCA Extends DPT-3 Filing Due Date: No Additional Fees Till 31st July 2026

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Rajesh SurapaneniRajesh SurapaneniPro Member CA. Urmila MahalwalCA. Urmila MahalwalPro Member shobi Hshobi HPro Member Manik Anant KaleManik Anant KalePro Member Govind MundadaGovind Mundada
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details