So far, 258 people have been arrested in the ongoing campaign against Fake GST Invoice.
- January 24, 2021, 10:47 PM IST
On the condition of anonymity, a Central Government official said that the Central Government has asked the Institute of Chartered Accountants of India to take action against the convicted Chartered Accountants.
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The official said that the eighth chartered accountant was arrested on January 23. CA along with his four accomplices was caught in Jaipur. All these people were running 25 fake companies to avail fake invoices and tax credits.Also read- Yes Bank stood on the verge of drowning! Rs 150 crore profit in December 2020 quarter
The official said that the final beneficiary of input tax credit fraud, including some big companies in the e-commerce segment, has also been identified.