Finance company owner arrested in Coimbatore for GST fraud

Karthikeyan (36) runs a finance company by the name ‘Sunrise Enterprises’ in Chinnavedampatti, Coimbatore. Based on a complaint regarding GST fraud, a team of officials headed by Joint Commissioner Vijayakrishnavelan conducted a raid in that company. According to the press release issued by the GST authorities, they have arrested Karthikeyan for invoking fake invoices of metal products’ sales worth Rs 2 crores.

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