One arrested in connection with fake GST invoices worth Rs 72 crore

Fake e-way bills were generated for several vehicle numbers, bogus invoices were received by the accused from the operator of fake firms for availing fraudulent ITC. Payments were made to the operator of these bogus firms through bank and the same were received back in cash by the accused after deducting the commission, up to 50% of the tax value involved in the fake invoices