MP: Two held for GST fraud of more than 12 cr in Indore

Indore, May 29, 2023 

The owner of a private firm and another person were arrested in Madhya Pradesh’s Indore for allegedly using fake bills to avail input tax credit to the tune of more than Rs 12 crore under the Goods and Services Tax (GST), an official from the Central GST Commissionerate said on Monday.

The firm, which is involved in the purchase and sale of food grains, allegedly furnished fake bills and availed input tax credit of more than Rs 12 crore, the official said.

The co-accused allegedly provided fake bills of bogus firms to the company owner through a Gujarat-based broker, he said.

This person associated with the broker from Gujarat provides fake bills by taking commission. He had also been arrested in a similar case of GST fraud in 2021, the official said, adding that a detailed investigation is underway in the present case.

[Press Trust of India]