The officers of Palghar Commissionerate of Central Goods and Services Tax (CGST) Mumbai zone arrested an accountant for issuing bogus bills of more than Rs 1,000 crores and committing GST Input Tax Credit (ITC) fraud of Rs 181 crores, said CGST Palghar Commissionarate.

"Based on specific inputs received from data mining and data analysis that one entity M/s Nithilan Enterprises is suspected to be engaged in availing and passing on of fake Input Tax Credit by issuing fake invoices without actual receipt or supply of goods or services, the officers of Palghar Commissionerate conducted through Investigations," the official statement reads.