GST fraud involving ITC claims of Rs118cr detected

Nagpur: The directorate general of GST intelligence (DGGSTI) Nagpur zone has unearthed fake input tax credit (ITC) claims to the tune of Rs118.12 crore through allegedly fictitious transactions worth over Rs656 crore. So far, Rs7.27 crore have been recovered on the spot, said a press release issued by the DGGSTI.  In last two months, four persons have been arrested for their alleged involveme…