October 9, 2020 2:24 PM

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DGGI busts exporter companies for defrauding exchequer through fraudulent claims

<span style="color: #222222;">Directorate General of GST Intelligence, DGGI 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;"> </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;"> </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;"> </span><br />'' <span style="color: #222222;"> </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 />

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