New Delhi, Nov 14 (TIWN) Based upon specific intelligence, officers of the Anti Evasion Branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have unearthed a case of availment/utilisation and passing on of inadmissible input tax credit (ITC), through bogus GST invoices without actual movement of goods, of about Rs 34 crore.

The seven firms were created in order to generate bogus GST invoices with the intent to pass on fraudulent ITC without actual movement of goods and without paying actual GST to the Government, according to a press release.