Press Release

CGST & Central Excise Raigad Commissionerate arrests two persons for fraudulently availing Input Tax Credit of Rs. 9 crore through shell firms in New Panvel, Raigad, Mumbai Zone

A team of officers of Anti-Evasion, CGST & Central Excise Raigad Commissionerate, Mumbai Zone, yesterday arrested two persons involved in generating and fraudulently passing on Input tax Credit (ITC) of more than Rs. 9 crore by creating fictitious firms and issuing invoices without actual supply of goods/service.