- Enforcement Directorate conducted raids in Haryana and Punjab related to a Rs 10,618 crore VAT scam
- Syndicate, including Amit Bansal, falsely claimed interstate sales of goods without actual movement
- Fraudulent refunds obtained through false input tax credits using “C” forms
- Entities involved often registered at premises owned by syndicate members
- Scam allegedly facilitated by Excise and Taxation Department officers, including Copi Chand Chaudhary and Narender Kumar Ranga
Source: economictimes.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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