Goods and Services Tax – GST Dated:- 13-2-2020 – News – The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Nitin Jain, resident of Sonepat, Haryana, proprietor of M/s Shiv Trade Incorporation, Delhi, for issuing bogus invoices. During investigation it was revealed that Shri Nitin Jain has issued bogus invoices through his firm M/s Shiv Trade Incorporation and another firm M/s Om Trade Inexim, opened in the name of dummy person, of various types of goods namely ferrous/ non-ferrous scrap, ingots, nickel cathode etc. amounting to ₹ 268.3 crores (approx). Through bogus invoices, Shri Nitin Jain has fraudulently passed Input Tax Credit (ITC) amounting to ₹ 41.6 Crores (
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =