GST Scam Busted: Advocate Among Two Arrested for Running Fake GST Firm Racket in Delhi

In a major crackdown on GST fraud, the authorities have busted a racket involving the creation of fake firms and have arrested two individuals, including an advocate. The advocate is alleged to have been a key player in the scam, using his professional knowledge to create a complex web of shell companies. These fake firms were used to generate bogus invoices without any actual supply of goods, which were then used by various businesses to fraudulently claim Input Tax Credit (ITC). This arrest highlights the growing concern of professionals being involved in white-collar crimes. The GST department is intensifying its efforts, using data analytics and intelligence, to identify and prosecute not only the beneficiaries of such scams but also the masterminds and enablers, including professionals who misuse their expertise for illegal activities.