LUDHIANA: In another action by Central GST (CGST) Ludhiana in an ongoing investigation of bogus billing, two BRS Nagar-based brothers were arrested for their involvement in the nexus.
Both of them were accused of running six fictitious firms, doing bogus billing worth several crores and claiming Input Tax Credit (ITC) to the tune of Rs 13.90 crore fraudulently.
One of the firms is said to be on the name of the father of the accused who passed away sometime back.
The accused were produced before a court by the department which later remanded them to judicial custody till October 22.
According to the sources in the department, the duo along with claiming the ITC passed on the ITC to another businessman nicknamed RM who too was involved in bogus billing and has already been arrested by department on September 28.
All of them are said to be part of the Rs 427-crore bogus billing scam whose mastermind Happy Nagpal is also behind bars and so far, six people have been arrested in this case.
