Businessman held for availing Rs 6.54-cr ITC fraudulently in Surat
Acting on a tip-off, DGGI officials had raided a textile firm, Waidan Impex Company, on Ved Road in Surat a few days ago. On the basis of the documents recovered from its premises, officials further carried out raids on seven other premises of the same company in Surat city. December 10, 2020 5:41:05 am
Hussain confessed to stealing bags of two other customers from Zara in Lower Parel and Lakme beauty parlour in Shivaji Park in 2018, police said. (Representational)
A Surat-based textile businessman has been arrested for claiming input tax credit (ITC) worth Rs 6.54 crore from the government by showing alleged business with 13 “non-existent” firms, Directorate General of GST Intelligence (DGGI) officials said.