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Maha GST: Electrical contractor held for ITC fraud using fake invoices

The 50-year-old man, based in Belapur in Navi Mumbai, was held on Saturday following action by Goods and Services Tax Maharashtra, he said.

“He availed ITC of Rs 15.67 crore using fake invoices from nongenuine taxpayers without movement of goods or services. This is a violation of the MGST/CGST Act, 2017. He has been remanded in judicial custody for 14 days,” he added. PTI DC BNM BNM

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Source:https://theprint.in/india/maha-gst-electrical-contractor-held-for-itc-fraud-using-fake-invoices/1355741/