Delhi GST officers busts fictitious exporter network for ₹134 crore ITC fraud

GST officers in Delhi have busted a network of fictitious exporters and arrested one person for fraudulently claiming input tax credit of  ₹134 crore. The Finance Ministry said that based on risk analysis, M/s Vibe Tradex, engaged in export of Pan Masala, chewing tobacco, FMCG goods etc, was identified for scrutiny. “The officers of Central Goods and Services Tax (CGST) Commissionerate,…