GST fraud worth ₹34 cr unearthed in Delhi, 7 firms under probe

GST authorities in Delhi have uncovered input tax credit fraud worth  ₹34 crore, with seven firms involved in the crime, Finance Ministry said in a statement on Sunday. These firms used to avail and pass on inadmissible input tax credit (ITC) through bogus Goods and Services Tax (GST) invoices without actual movement of goods, the ministry added. “The seven firms were created in order to…