Punjab: Businessman held for evading Rs 8.80 crore GST

Punjab: Businessman held for evading Rs 8.80 crore GST Agency: Last Updated: Representational image (Image: News18) Ludhiana, Dec 24 (PTI) A businessman was arrested by officials of the Central Goods and Services Tax for allegedly evading GST to the tune of Rs 8.80 crore, a statement issued on Wednesday said. The arrest came following a search operation conducted at multiple locations of his firm in Dera Bassi on Tuesday. Recommended Stories In the statement, the Central Goods and Services Tax (CGST) officials said the firm, an aggregator of metal scraps, availed ineligible Input Tax Credit by fraudulent means to offset GST liability, causing serious leakage to the government revenue. The investigation will further uncover the extent of the network and identify other entities involved, it said. PTI COR CHS OZ OZ (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI ) Click here to add News18 as your preferred news source on Google. Join the fun, play games on News18 . First Published: December 24, 2025, 21:30 IST Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy . Loading comments... Read More

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