Big GST Scam Worth Rs. 130 Crore Exposed

Big GST Scam Worth Rs. 130 Crore Exposed

A huge GST scam of Rs. 130 crore in fake input tax credit (ITC) claims has recently come to light. It was revealed during an investigation by the authorities where 23 fake companies were created and Rs. 512 crore worth of fake invoices were generated. These companies were not doing any actual business activities or moving goods. Everything existed on papers only.