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Mum: Partner in CA firm arrested in GST ‘fraud’

December 13, 2020
The Central Goods and Service Tax (CGST) department on Saturday arrested a partner in a chartered accountant firm in connection with issuance of fake invoices, and for allegedly availing of and passing on fraudulent input tax credit (ITC) to the tune of Rs 10.6 crore on a turnover of Rs 59.1 crore. ITC reduces the total tax outgo.

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