Two arrested in Mumbai for GST fraud of over â¹7 crore
Two people were held in Mumbai on Wednesday for alleged tax evasion of over â¹7 crore, marking the first arrest under Central GST Act. They allegedly exchanged paper invoices without any physical movement of goods, and claimed false input tax credit. The two accused are Sanjiv Pravin Mehta, director of Shah Brothers, and Vinay Kumar Arya, director of VN Industries.