SIT busts Rs 400 cr GST fraud run through 144 shell firms, 2 held - Times of India

Bijnor: A Rs 400-crore GST evasion carried out through 144 shell companies has been unearthed by the UP Special Investigation Team (SIT). Two accused from Moradabad, who used documents of unemployed individuals to float these firms, have been arrested, police said on Sunday.SP (crime) Subhash Chandra said the alleged mastermind, Mohd Ikhlaq of Shastri Nagar in Meerut, and his associate Ittefat Ala…