New Delhi, June 22 -- The Delhi Police have busted a fake Goods and Services Tax (GST) firm racket and arrested two individuals, including a practicing lawyer, for creating bogus firms and issuing fake invoices to facilitate fraudulent GST settlements, police said on Saturday.
The police also obtained records from the GST Department, which confirmed that two firms were indeed fraudulently registered using Sumit's PAN details. A physical verification of the addresses provided for these firms showed that they were fictitious, police said.
The accused, identified as Sandeep (27) from Panipat, Haryana and Inderpal (45), an advocate from Burari, Delhi, were using genuine documents to float fake companies and carry out illegal billing operation...