Mumbai: The Mumbai (south) Central Goods and Sales Tax (CGST) Commissionerate on Tuesday arrested a co-conspirator in the M/s New Laxmilal & Company fraud for availing Rs 110.06 crore of input tax credit with bogus invoices of Rs 62.9 crore without actual movement of goods. The proprietor of the firm was arrested in December, 2021, too.
Mumbai: CGST department arrests one in input tax credit fraud
The Mumbai (south) Central Goods and Sales Tax (CGST) Commissionerate on Tuesday arrested a co-conspirator in the M/s New Laxmilal & Company fraud for availing Rs 110.06 crore of input tax credit with bogus invoices of Rs 62.9 crore without actual movement of goods
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