<span style="color: #222222;">Directorate General of GST Intelligence,&nbsp;DGGI&nbsp;has busted exporter companies for defrauding exchequer through fraudulent claims of input tax credit and cash refund of around 61 crore rupees.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">DGGI searched the exporter companies, residence of their owner and premises of various supplier companies.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">These supplier companies were found to have given only bills to these exporters without supply of any goods.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">The exporters had taken input tax credit on these fake bills and had taken refund of the same as the goods were shown to be exported.</span><br />
News On AIR | October 9, 2020 2:24 PM
DGGI busts exporter companies for defrauding exchequer through fraudulent claims