Twenty five persons have been arrested in the last four days for issuance of fake invoices. Sources in the Directorate General of GST Intelligence, DGGI said, the actual amount of fake Input Tax Credit, ITC involved is being ascertained. It said, search and investigation are on to identify and apprehend the other persons who were involved in the racket and also the beneficiaries who have used the fake invoices to evade GST, Income Tax, and do money laundering.
Major Goods involved in these cases include Iron and Steel, Copper wire, plastic granules, Readymade Garments, Gold and Silver, Agro Products, Milk Product and mobile. DGGI said, that the drive against the GST evaders and ITC fraudsters is expected to further intensify in days to come and many more arrests will be done.