A Mumbai resident, accused of Rs 18-crore GST fraud, was granted bail by a local court in Mumbai. As part of the bail condition, the accused, Sabir Shaikh, has to appear before the CSGT Department when called.
The main accused of the syndicate has been identified as Hasmukh Patel and was arrested on September 9. He is at present in judicial custody till September 23
The Bhiwandi Commisionerate of Central Goods and Services Tax (CGST) in Mumbai Zone busted a fake invoice racket worth Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.