EOW Unearths ₹130 Crore GST Fraud Fake Input Tax Credit Scam
The Economic Offences Wing (EOW) has detected a massive GST input tax credit (ITC) scam worth Rs 130 crore during its ongoing investigation, officials said on Monday.
Tag: ITC scam
Rajasthan HC denies bail in 704 crore ITC scam
The Rajasthan High Court on Wednesday dismissed the bail application of Ankit Bansal, accused of masterminding a GST fraud involving over Rs. 704 crore in fake Input Tax Credit (ITC).
Hyderabad CCS police books former Chief Secretary Somesh Kumar and two Commercial Taxes Dept officials
The Central Crime Station (CCS) police of Hyderabad has booked a case against former Chief Secretary Somesh Kumar and two senior officers of the Commercial Taxes Department: Deputy Commissioner A. Siva Rama Prasad and Additional Commissioner (State Taxes) S.V. Kasi Visweswara Rao, in a ₹1,000 crore Input Tax Credit scam.
GST Fraud, all you need to know about ITC scam – explained
The Goods and Services Tax (GST) scheme was implemented across India in 2017, leading to the creation of a single…