India News | Maha: Man Held for Generating Fake Bills of Rs 2.2k Cr Through Several Bogus Firms
Get latest articles and stories on India at LatestLY. Maharashtra's Goods and Services Tax (GST) department has arrested a 42-year-old man in connection with alleged bogus bills of Rs 2,215 crore, an official said on Tuesday.
Mumbai, Apr 5 (PTI) Maharashtra's Goods and Services Tax (GST) department has arrested a 42-year-old man in connection with alleged bogus bills of Rs 2,215 crore, an official said on Tuesday.
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A release from the department said Nandkishor Sharma was arrested on Monday as part of a probe into nine companies over bogus bills.
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"It was found during the investigation that Sharma was running 26 bogus firms, including the nine under probe. These firms had generated fake bills totalling Rs 2,215 crore till now. The department has succeeded in exposing tax evasion of Rs 126 crore in this case," the official said.
He was remanded in judicial custody for 14 days.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)