Nagpur Trader Arrested for Rs 33.93 Crore Fake ITC Scam Under MGST Act

A trader in Nagpur has been arrested for his involvement in a ₹33.93 crore fake Input Tax Credit (ITC) scam under the Maharashtra Goods and Services Tax (MGST) Act. The arrest was made after an investigation revealed that the accused had created a network of fictitious firms to issue fake invoices and pass on illegal ITC without any real supply of goods. This bust highlights the persistent and sophisticated nature of GST fraud. The action taken by the authorities shows their resolve to combat tax evasion and ensures that those who engage in such fraudulent activities are brought to justice.