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HomeGST NEWSTrader who caused Rs 2.5 cr GST loss booked

Trader who caused Rs 2.5 cr GST loss booked

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A scam happened under Goods and Services Tax has brought about ut that at least 26 fake firms caused a loss of more than Rs 13 crore to the state exchequer in the past seven months. A senior police official had revealed this after the investigation. The multi-crore scam was unearthed in November last year. Further, the Excise and Taxation Department had detected more than Rs 13 crore transactions on which these firms had not paid taxes and claimed more than Rs 2.35 crore as input tax credit.

https://www.tribuneindia.com/news/haryana/trader-who-caused-rs-2-5-cr-gst-loss-booked-109709

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