A 40-year-old man allegedly involved in issuing fake invoices of more than ₹650 crore and availing input tax credit (ITC) of ₹110 crore, without the actual supply of goods was arrested by the officials of the GST commissionerate in Raigad.
Also Read : Man held for issuing fake GST invoices to claim input tax credit
According to a senior official of the GST Council in Raigad, Rakesh Hanuman Prasad Garg, 38, in association with his brother-in-law Anand Mangal, 40, issued fake invoices by floating a number of entities dealing in iron, steel and cement. These firms have been identified as M/s Moksha Alloys Private Ltd, M/s Latisha Sales Agencies Private Ltd, M/s Cumong Ispat Private Ltd, M/s Aahan Ispat Private Ltd and M/s Tilibandha Sales Agencies.
