A steel trader and his son, who allegedly claimed the input tax credit (ITC) of Rs 6.23 crore by submitting fake invoices and caused huge losses to the exchequer, were arrested by the Central Goods & Services Tax (CGST) officials on Sunday.
The CGST of Bhiwandi unit arrested Adarsh Jaiprakash Mittal, the proprietor of Balaji Steel, and his father Jaiprakash Mittal under various provisions of CGST.