Goods and Services Tax – GST Dated:- 24-2-2022 – News – Central Goods and Services Tax (CGST) Commissionerate, Faridabad, of Panchkula CGST Zone, on 23.02.2022 arrested two persons for running a fake billing racket, involving five (5) dummy firms, dealing in trading of iron scrap, registered in Faridabad, Haryana, for issuance of fake invoices of over ₹ 200 crore without actual supply of goods and availing and passing fraudulent Input Tax Credit (ITC) amounting to ₹ 31.85 crore. A team of officers of Anti-Evasion, CGST Commissionerate, Faridabad, conducted simultaneous searches at 5 places in Faridabad on 22 nd February, 2022. During the investigation, it was found that the said firms have been availing and passing on fra
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