Commercial tax sleuths unearth multi-state, ₹180 Crore GST racket
The Commercial Taxes Department of Karnataka arrested a key mastermind of a multi-State multi-crore GST fraud ring in a two-day operation. The ring issued fake invoices totalling to ₹1008 crore leading to illegally availing Input Tax Credit of ₹180 crore.
According to an official release, this operation spanning over two days, and conducted in collaboration with Kerala State GST authorities, revealed significant fraudulent activities. The accused Mohammed Siddiq was caught in Mysuru on Wednesday.