Fraudulent availment, passing of bogus Input Tax Credit: ED seizes Rs 3.6-cr in raids at nine places in UP, Haryana
India, Aug. 25 -- New Delhi [India], August 25 (ANI) The Enforcement Directorate (ED) has seized Rs 3.6 crore in cash during a massive search operation that began on Monday morning, covering nine premises across Uttar Pradesh and Haryana in the case of an Import-Export firm regarding alleged fraudulent availment and passing of bogus Input Tax Credit (ITC), officials said on Tuesday.
In the more than 24-hour-long search operation, the agency sleuths had seized over Rs 1.1 crore found at a premise in Uttar Pradesh's Muzaffarnagar and from the premises covered in a steel unit based in Ghaziab on Monday evening.
Officials said the search operation at all nine locations in Muzaffarnagar, Ghaziabad and Haryana's Faridabad is closed now.
The ...
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