Proprietor of a city-based firm was booked and arrested by the central goods and services tax (CGST) officials for fraudulently availing of input tax credit without receiving any goods. Manoj Agrawal, authorized signatory of Maa Renuka Trading was arrested on Monday and later released on bail.
GST officials said that the accused created fake suppliers at Ahmedabad and Gandhidham and availed input tax credit worth Rs 2.23 crores. GST investigations had revealed that these supplier firms existed only on paper.
Read More at: https://timesofindia.indiatimes.com/city/vadodara/bizman-held-in-gst-fraud-worth-rs-2cr/articleshow/77491084.cms