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⚡Officers Arrest One for Operating 46 Fake Firms, Passing on Input Tax Credit Worth Rs 82.23 Crore

By PTI

The network of fake firms was operated by Arvind Kumar, who used to pass fake ITC for a commission of 4 to 4.5 per cent of the invoice amount. The investigation conducted so far has revealed 46 firms to be fictitious, which were being controlled by Kumar and his associates.

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