Chandigarh, Feb. 13 -- Finance and taxation minister Harpal Singh Cheema on Thursday said that a Ludhiana businessman was arrested in a Rs.9 crore goods and services tax (GST) fraud case, while an excise and taxation inspector was dismissed from service due to prolonged unauthorised absence.

Cheema said the taxation department carried out an operation conducted by the State Intelligence and Preventive Unit, Ludhiana, that led to the arrest of Rohit Gupta, proprietor of M/s MAA STEEL, Ludhiana. He said the company was found issuing fake invoices for HR/CR coils and strips without any actual supply of goods. "This fraudulent network managed to pass on Input Tax Credit exceeding Rs.9 crore to various beneficiaries. During the search, the ta...