The Central GST Commissionerate of Coimbatore has busted tax evasion scam of Rs. 9.7 crore and arrested a person. The officials conducted searches and set summons proceedings against MSK Associated Traders and found that the unit was into bill (invoice) trading by issuing invoices without supply of goods to various units through intra and inter-State trade. The ITC was claimed  by the traders who received the fake invoices on commission basis without receipt of actual goods. M. Sampath Kumar, proprietor of MSK Associated Traders has been remanded in judicial custody on October 29.
https://www.thehindu.com/news/cities/Coimbatore/gst-evasion-detected/article32976301.ece
