L&T made to deposit Rs 30 cr to GST dept in fake GST invoicing case
New Delhi: Infra player L&T was made to deposit Rs 30 crore to the GST department when it was allegedly discovered that the company was allegedly involved in forged or fake invoicing case, according to a news item in BusinessToday.
Earlier this year, L&T and Zee Entertainment were raided by departments like I-T and GST on allegations of availing ITC (Input Tax Credit) through alleged fake invoices.
The magazine said that a revenue department source said that some 'bills' were related to political funding.
The magazine asked comments and clarification from L&T on this issue but the infra company did not respond to an email sent by it, said the news report in the magazine.