Two held in Mumbai for â¹127 crore GST fraud, tax evasion
The GST department has arrested two persons in Mumbai for alleged service tax and GST fraud of â¹127 crore. Amit Upadhyay collected service tax of â¹47 crore but did not deposit it, officials said. Further, he also allegedly took wrong GST credit of â¹79.38 crore by showing fake invoices received from Asad Anwar Sayed, who owns a computer solutions company.