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Three persons arrested for passing on fraudulent ITC of ₹16.96 crore
The New Indian Express Sambalpur
|February 08, 2025
THE directorate general of GST intelligence (DGGI), Bhubaneswar zonal unit, has arrested three persons for their alleged involvement in issuing fake invoices and fraudulently passing on input tax credit (ITC).
Sources said the three accused had pocketed ITC amounting to ₹16.96 crore by issuing forged invoices without actual supply of goods. The prime accused was operating as the partner and proprietor of two firms and found to have issued fraudulent invoices to various contractors. He illicitly passed on fake ITC and earned commissions on the invoice values by doing so.
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