IIT coaching fraud: Rao IIT academy comes under Mumbai CGST scanner as Rs 14-crore fraud unearthed
The company, operating under the brand name Rao IIT Academy, has been suspected of collecting Goods and Services Tax (GST) at 18 per cent on the tuition fees from its students, but declared unrelated and exempt services in the returns filed with the tax department.

The accused has been remanded to judicial custody for a period of 13 days by the Duty Additional Metropolitan Magistrate, Pic- PTI