Ludhiana, May 4 -- The Directorate General of GST Intelligence (DGGI), Ludhiana, claimed to have uncovered a massive scam involving six Mandi Gobindgarh-based business entities engaged in "illegal sales" amounting to Rs.647.4 crore, leading to a staggering Rs.116.5 crore in GST evasion. Three individuals, including a prominent industrialist and his two sons, have been arrested, officials said.

The firms involved include Bharat Steel Industry, Ramji Concast, AKM Alloys, KTB Alloys, Shree Salasar Balaji Steel Tubes and Shree Salasar Steel Tubes and Company. These businesses are engaged in manufacturing steel billets and trading steel pipes.

According to the DGGI, investigations revealed that the entities were involved in the clandestine r...