Businessman arrested for GST evasion of ₹45 crore

Businessman arrested for GST evasion of ₹45 crore

The Hindu

In a major crackdown, the Directorate General of GST Intelligence (DGGI), Coimbatore zonal unit, arrested a businessman for evading Goods and Services Tax (GST) to the tune of ₹45 crore by running a fake bill trading racket. A statement issued by K. Ramakrishnan, additional director general, DGGI, Coimbatore zonal unit, on Tuesday said that its officers conducted simultaneous search operations on Monday at the residence-cum-business premises of the man who is into cardamom trade, based on intelligence that he ran a fake bill trading racket without actual supply or receipt of goods.
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