New Delhi, Aug. 24 -- The Enforcement Directorate (ED) on Monday conducted searches at nine premises across Uttar Pradesh and Haryana in connection with a case involving the alleged fraudulent availment and passing of bogus Input Tax Credit (ITC), officials said.

The searches are being carried out by the ED's Lucknow Zonal Office at premises in Muzaffarnagar and Ghaziabad in Uttar Pradesh and Faridabad in Haryana under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

The operation was launched early Monday in connection with a case linked to an import-export company allegedly involved in generating and passing on bogus ITC through fabricated invoices and e-way bills without any actual movement of goods.

According ...