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GST invoice fraud

Rs 42 Crore GST Fraud Busted In Rourkela!

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Home Briefs

Rs 42 Crore GST Fraud Busted In Rourkela!

by OB Bureau
October 24, 2020
in Briefs
Reading Time: 1 min read
GST invoice fraud
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Rourkela: A GST fraud of Rs 42 crore has been reported from the Steel City.

This alleged multi-crore tax evasion involves 18 Urban Cooperative Bank accounts, where the account holders have misrepresented themselves as daily wage labourers and people from financially backward sections.

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The GST department of the state is probing the allegations after being informed by the bank authorities.

“According to our official records, they are proprietors of some companies,” said Chief Executive Officer of the bank, Rabindra Kumar Jena.

Tags: GST FraudRourkela
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