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GSTteam unearths racket involving issuance of fake bill
Posted Date:-11/16/2019 3:43:32 PM


Picastral GST Delhi North Commissionerate has revealed a racket linked to issuing fake invoices to avail tax benefits of Rs 22 crore without actual supply of goods and services.


Naveen Mutreja and S. Keshav Ram have been arrested in the case and sent to judicial custody for 14 days by the Chief Metropolitan Magistrate in Patiala House Court, New Delhi.


The accused were found to be operating 42 fake firms created to facilitate fake input tax credit. The Finance Ministry said in a statement that a prima facie fraud loan of about Rs 22 crore has been passed using an invoice of Rs 150 crore.

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