Visakhapatnam GST fraud: DGCI arrests key operator in Rs 27cr fake invoice scam
Visakhapatnam GST sleuths have busted a massive input tax credit fraud totaling over Rs 42 crore. The network, controlled by Mallikarjuna Manoj Kumar, used dummy firms to issue fake invoices for services and materials, siphoning funds through complex financial maneuvers. Kumar has admitted to orchestrating these illicit transactions.
Visakhapatnam GST sleuths have busted a massive input tax credit fraud totaling over Rs 42 crore. The network, controlled by Mallikarjuna Manoj Kumar, used dummy firms to issue fake invoices for services and materials, siphoning funds through complex financial maneuvers. Kumar has admitted to orchestrating these illicit transactions.
