Delhi GST team unearths racket involving issuance of fake invoices

Central GST Delhi North Commissionerate has unearthed a racket involving of issuance of fake invoices for availing tax benefits worth 22 crore rupees without actual supply of goods and services.

Naveen Mutreja and S Keshav Ram have been arrested in this matter and remanded to judicial custody for 14 days by the Chief Metropolitan Magistrate at



Patiala House Court in New Delhi.

The accused were found to be operating 42 fake firms created to facilitate fraudulent Input Tax Credit. Ministry of Finance in a statement said prima facie fraudulent credit of about  22 crores has been passed on using invoices involving 150 crore rupees.