Businessman arrested in Mumbai for running fake GST input tax credit network worth over Rs 63 crore

Bhiwandi Commissionerate of CGST Mumbai Zone has arrested a businessman, who was running a fake GST Input Tax Credit racket, the Finance Ministry said on Saturday. "Acting on an intelligence from Central Intelligence Unit of Mumbai CGST Zone, the officers initiated coordinated action at different locations in Thane, Bhiwandi, Raigad and Mumbai and detected GST evasion of Rs 11.4 crore through gene…