Sunday, Apr 28 2024 | Time 21:12 Hrs(IST)
image
IndiaPosted at: Mar 7 2024 7:13PM


Meerut CGST Commissionerate busts syndicate

New Delhi, Mar 7 (UNI) The Anti-Evasion branch of Central Goods and Services Tax (CGST) Commissionerate, Meerut, has busted a syndicate that fraudulently claimed Input Tax Credit of over Rs 1,000 crore through a network of 232 fake firms.
The Anti-Evasion branch had started an investigation in October 2023 into a large syndicate that fraudulently claimed Input Tax Credit (ITC) by way of fake billing, the Ministry of Finance said in a release.
The investigation conducted so far has revealed that total number of 232 fake firms, with 91 firms registered on a single mobile number, are registered at various places across the country and have passed inadmissible ITC of around Rs 1,048 crore. Total value of goods shown to be supplied through these firms is around Rs. 5,842 crore.
Please log in to get detailed story.
Tags: #Meerut CGST Commissionerate busts syndicate
More News
INS Kochi responds to attack on Panama flagged oil tanker

INS Kochi responds to attack on Panama flagged oil tanker

28 Apr 2024 | 7:37 PM

New Delhi, April 28 (UNI) INS Kochi, an Indian Naval destroyer, swiftly responded to a maritime security incident involving an attack on a Panama-flagged crude oil tanker, MV Andromeda Star PM.

see more..
ICG seizes contraband worth Rs 600 cr from Pak boat off Gujarat Coast

ICG seizes contraband worth Rs 600 cr from Pak boat off Gujarat Coast

28 Apr 2024 | 6:15 PM

New Delhi, April 28 (UNI) In a joint operation, the Indian Coast Guard (ICG) along with the Anti Terrorism Squad (ATS) and the Narcotics Control Bureau (NCB), seized 86 kg contraband worth Rs 600 crore from a Pakistani boat with 14 crew members onboard on Sunday.

see more..
Arvinder Lovely quits Congress on welcoming anti-national people: BJP

Arvinder Lovely quits Congress on welcoming anti-national people: BJP

28 Apr 2024 | 4:36 PM

New Delhi, Apr 28 (UNI) Delhi BJP President Virendra Sachdeva on Sunday asserted that Arvinder Singh Lovely’s resignation as Delhi Congress chief comes in opposition to giving tickets to those involved in anti-national activities.

see more..
Tibetan Govt-in-exile stresses on Middle Way path to resolve Tibet issue

Tibetan Govt-in-exile stresses on Middle Way path to resolve Tibet issue

28 Apr 2024 | 1:12 PM

New Delhi, April 28 (UNI) The Central Tibetan Administration has stressed on the “Middle Way” path propounded by the Dalai Lama to resolve the Tibet issue with China, after Beijing called the Tibetan government-in-exile “an organized separatist political group”.

see more..
Arvinder Singh Lovely resigns as DPCC chief

Arvinder Singh Lovely resigns as DPCC chief

28 Apr 2024 | 12:17 PM

New Delhi, April 28 (UNI) In a major setback to the Congress Party at a time when the Lok Sabha election is going on, Delhi Pradesh Congress Committee (DPCC) president Arvinder Singh Lovely resigned from his post on Sunday.

see more..
image