GST Fraud worth Rs. 700 crore unearthed in Madhya Pradesh

Last updated: 30 May 2022 Follow on Google News

Five people from Gujarat have been arrested in connection with an alleged GST credit fraud to the tune of Rs. 700 crore, Madhya Pradesh police said today. The accused ran the fake GST ITC racket by creating a network of around 500 bogus firms using forged documents, addresses and fake identities.

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CCI News Desk

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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