New Delhi, Nov 28 (TIWN) With the arrest of Mitesh M. Shah, who created 115 fake firms to avail and pass on fraudulent input tax credit (ITC) worth Rs 50.24 crore from Gujarat's Vadodara, the CGST Commissionerates and the Directorate General of GST Intelligence (DGGI) have so far arrested 59 persons within ten days of the nationwide drive against the GST fake invoice fraudsters.

According to people aware of the developments, Mitesh M Shah, who the DGGI has named the mastermind of the fake invoices scam, is among those arrested. Shah created 115 fake firms to avail and pass on fraudulent input tax credit (ITC) worth Rs 50.24 crore on fake invoices of miscellaneous goods/services in Vadodara, Gujarat, they added.  A woman mastermind too has been arrested, the people cited above said.