GST scam: Fake firms generating fake input tax credit busted, 4 held - Times of India

Lucknow: In a crackdown on GST fraud, a joint team of the Cyber Cell, Surveillance Unit and police from Lucknow's Itaunja busted an organised racket that created more than 15 bogus firms to generate and sell fake Input Tax Credit (ITC), causing a tax loss of over Rs 2.75 crore. Four accused were arrested, while the alleged mastermind, Ammar Ansari of Sitapur, remains absconding. Police said Ansari…