More Than Rs 408 Crore GST Fraud Uncovered In Mumbai; 4 Arrested

Four individuals have been booked by the Mumbai Unit of the Directorate General of GST Intelligence for forging Input Tax Credit (ITC). Reportedly, the accused Rane Megastructure, Keshariya Metal Firm, ACS Hardware and Networking and Shailaja Commercial Trade Frenzy fabricated amount worth Rs 408.67 crore without supply. The accused were booked under Section 132 of the CGST Act 2017, and are sent to judicial custody till November 24.