Quick Summary
Delhi East officials arrested Arvind Kumar on account of availing fake ITC of Rs. 89.23 crore. Arvind Kumar along with his associates was operating 46 fictitious firms that had no activity and were solely for the purpose of fake ITC. Read the official news given below: In the ongoing drive against availment of inadmissible ITC, officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East unearthed a multi-layered network of fictitious firms being used to generate and pass on
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 Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
Shri Arvind Kumar was arrested by CGST Delhi East officials.
He was arrested for availing fake Input Tax Credit (ITC) amounting to Rs 82.23 crore through a network of fictitious firms.
Arvind Kumar and his associates operated 46 fictitious firms.
The total fake billing identified so far is Rs 541.13 crore.
Arvind Kumar was arrested under Section 69(1) of the CGST Act, 2017.
He was remanded to judicial custody on 17/01/2021 until 31/01/2021.
CAclubindia
