New Delhi, March 12 (TIWN) CGST Delhi East Commissionerate officials have busted a syndicate of seven firms which were engaged in GST evasion of more than Rs 85 crore.

"During investigation it was learnt that the syndicate was using two more entities namely, Shree Mahaveer International and Gravity Enterprises," said an official on Friday.  A communication was also received from GST, Gujarat that a car registered in the name of one of the syndicate firm Blue Water Expotrade Private Limited was intercepted by them in Ahmedabad.  "FastTags of trucks were affixed on the car to create false movement of export goods from Delhi to Mundra port. The E-way bills in respect of the fake supply were issued by Shree Mahaveer International," said the official.  On March 10, the GST officials conducted search at the residential premises of Rakesh Kumar Jain, proprietor in Shree Mahaveer International and Partner in Gravity Enterprises.