Vadodara: The central goods and services tax (CGST), Vadodara II, on Friday arrested three men for evading taxes to the tune of Rs 80 crore. All the three were produced before the court that sent them to judicial custody on Friday.
GST officials said that they are investigating to ascertain if any more persons are involved in the fraud.
According to GST officials, accused identified as Japan Ajmera, Tarak Patel and Karan Patel, all residents of Bhavnagar, had floated 12 bogus firms to commit the fraud. While two firms were registered in Dahod, five in Bhavnagar, two in Ahmedabad, one each in Chhota Udepur, Morbi and Indore in Madhya Pradesh. The accused showed that these firms were dealing in iron and steel.