Two startup founders, two CAs held in ₹200 crore GST fraud in Gurugram

Hindustan Times

Officials alleged nearly 30 shell companies generated fake invoices to claim fraudulent tax credits, causing a huge loss to the exchequer. The anti-evasion wing of the Central Goods and Services Tax (CGST) Commissionerate, Gurugram, on Saturday said it has unearthed a  ₹200-crore input tax credit fraud and arrested four people, including two co-founders of a Gurugram-based auto service startu…

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