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Clampdown: SIT of Punjab GST conducts raids on tax fraudsters, 3 arrested


Chandigarh, (Gurpreet) : In a major crackdown on tax fraudsters, Special Investigation Team of Punjab GST Department, Ludhiana today conducted raids on various proprietors and arrested three persons allegedly involved in fraudulent ITC created by way of bogus invoices without actual purchase of goods (readymade garments) through purchases shown from bogus/non-existent firms.

Disclosing this here today, Spokesperson of Punjab GST Department, informed that search and seizure operations were conducted at 4 premises by the teams of the department including business premises of the accused in order to gather evidence for establishing the modus operandi that involved utilizing the fake invoices without actual receipt of goods. A network of bogus firms using fake IDs in the name of various person