Bogus Invoices

In Mumbai, two persons were arrested for allegedly evading GST through fake invoices and fraudulently availing Input Tax Credit (ITC) worth crores. On July 18, the Mumbai Central CGST Commissionerate, said more than 20 fake entities have been used to evade GST through fake invoices of Rs. 585 crores. The arrested allegedly issued bogus bills of around Rs 369 crores, availing ITC worth Rs 34.38 and Rs.40.46 crore.