search operation at the residence and business ‘key person’ fake bill trade rackets
Chennai: Officers of the Directorate General of GST Intelligence Zonal Unit Coimbatore conducted a simultaneous search operation at the residence and business ‘key person’ fake bill trade rackets that have set several fictitious registrations in the Salem Karur Coimbatore and Pollachi to produce and forward fraud input tax credit. According to official releases of all these companies made GST Fraud is displayed in different businesses such as plywood business ceramics products etc.
GST Fraud Misusing the facilities expanded with the ease of doing business. Proxy companies floated
The perpetrators admit that they have helped hit a fake bill through several fictitious registrations by misusing the facilities expanded with the ease of doing business. Proxy companies floated by him have used or forwarded input tax loans without supply or acceptance of actual goods. Key people have been occupied and produced for Judicial custody because of an investigation in an important stage of GST Fraud.
