Rs 1,200 crore GST fraud busted in Bengaluru: Huge modus operandi unearthed

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A major GST fraud amounting to around Rs 1,200 crore was busted in Bengaluru by the Goods and Services Tax authorities on Wednesday. It was stated that in a bid to avoid tax to the tune of Rs 200 crore, GST invoices worth around Rs 1,200 crore were created.The module trading in fake GST invoices for claiming input tax credit was busted after the authorities conducted searches at 25 different places on Monday based on specific intelligence.

Read More at: https://www.oneindia.com/india/rs-1200-crore-gst-fraud-busted-in-bengaluru-huge-modus-operandi-unearthed-2807948.html

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