Rs 1,819 crore fake GST invoice racket busted, two held in Odisha

BHUBANESWAR: In one of the biggest GST frauds detected in Odisha in recent times, the enforcement wing on Thursday, September 2, 2021, busted a racket involved in fake invoicing of Rs 1,819 crore and arrested two persons. The racket had availed bogus input tax credit (ITC) of Rs 323 crore by raising fake purchase and sale invoices in the names of 13 fictitious firms incurring a loss of R…