Gujarat CGST officers arrests dummy proprietors for issuance of fake invoices

Gujarat CGST officers arrest dummy proprietors of firms involved in case of issuance of fake invoices valued at Rs. 107 Crores without any physical movement of goods which led to wrongful availment of ITC worth Rs 25.5 crores and passing on of ITC worth Rs. 19 crores; Explains that three firms were floated by an individual by securing the identity and other relevant documents from different persons which existed only on paper and had no physical activity; The said firms were ...