Narottam Mishra (file photo) – Photo: PTI Detailed The State GST Agency of Madhya Pradesh has handed over the case of eight firms of the state to the Anti-Terrorist Squad (ATS) of the police. This firm was running on paper after getting GST registration from fake ID proof. It neither buys nor sells any goods. Still issuing the bill. Anti-Terrorist Squad (ATS) has registered a case and started investigation due to apprehension of terror funding due to cash transactions. Madhya Pradesh Home Minister Narottam Mishra told that evidence has been found of using fake documents in GST registration. GST registration was obtained on the basis of fake documents. Prima facie he was not physically carrying on any business. Running his business on paper. They also used to do fake billing. FIR has been lodged against eight such firms. Five firms are from Indore, two from Bhopal and one from Gwalior. Police is probing where and how the fake ID proof was made. Wrongness of name and address has also been taken under the ambit of investigation. The State GST Department had been keeping an eye on the firm taking tax credit wrongly for a long time. Raids were conducted on these firms. These companies were neither buying nor sending goods. Generating Input Tax Credit (ITC) from bogus bills. Then transfer the ITC to some other firm and take the cash amount. This is called circular credit. On this ground the firm was causing loss of revenue to the Government. Now the terror funding aspect is also being probed in the transactions of these firms. ,