2 held for creating fake GST firms, claiming Rs 11.79 cr Input Tax Credit

The Hyderabad police have successfully detained two offenders suspected of orchestrating a wide-reaching inter-state operation that led to the formation of ten counterfeit GST-registered enterprises. Their deceptive actions, which falsely sought a staggering Rs 11.79 crore in Input Tax Credits through forged documentation and fake invoices, inflicted significant financial harm on the state.

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