New Delhi, May 16 (IANS) The Economic Offences Wing (EOW) of Delhi Police on Saturday busted a major GST fraud syndicate allegedly involved in generating fake invoices and fraudulent Input Tax Credit (ITC) claims worth nearly Rs 128 crore. Six accused persons have been arrested in connection with the case, officials said on Saturday. According to the EOW, the racket involved the creation and operation of shell companies and fake business entities to generate bogus GST invoices without any actual…
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Mumbai, Jan 14 (IANS) The Directorate of Enforcement’s (ED) Mumbai Zonal Office has provisionally attached movable and immovable assets worth approximately Rs 35.22 crore under the provisions of the Prevention of Money Laundering Act (PMLA) in a case involving M/s Suumaya Group and others, an official statement said on Wednesday.The attached assets include bank balances, demat holdings, mutual fund investments, and two immovable properties, the ED said.The financial probe agency initiated its in…