Officers of CGST Ghaziabad Commissionerate conducted a series of searches on the various offices of Ghaziabad based firm and unearthed a fraud worth Rs 14.19 Cr.
ARREST IN THE CASE OF FRAUDULENT AVAILMENT OF FAKE INPUT TAX CREDIT
On the basis of information shared by BIFA Cell CCO, Meerut the officers of CGST Ghaziabad Commissionerate conducted a series of searches on 20.01.2021 at principal place and five additional places of M/s AKS Electricals & Electronic P. Limited, Ghaziabad, and registered place of business of its supplier firms, located in U.P., Delhi, Uttarakhand & Haryana. In the series of searches, incriminating documents were resumed and subsequent to which statements of several persons were recorded on 20.01.2021 and 21.01.2021.
2. This lead to unearthing of a GST fraud worth Rs. 14.19 crores(approximately) of ITC involving from 08 supplier firms. (Further investigations are still underway and the quantum of fraud and the number of firms involved are likely to go up).
3. The modus operandi inter alia involved availment of inadmissible Input Tax Credit on the strength of purchase invoices issued by the bogus/non-existent firms.
4. Subsequent to this, Shri Ajeet Ruhela, Accountant of the firm, who was allegedly involved in the availment and passing of fraudulent ITC was arrested on 22.01.2021 under Section 132 (1) (c) and 132 (1) (f) of the CGST Act, 2017 and was produced before the court of Special CJM, Meerut who ordered for his judicial custody of 14 days till 4th February 2021.
5. The team headed by Smt. Prabhjot Kaur, Assistant Commissioner under the able guidance of Shri HarshVardhan Rai, Joint Commissioner comprised of Sh. Rajiv Ranjan, Superintendent, Sh. Ambuj Srivastava, Superintendent, Sh. Gazendra Singh, Superintendent , Sh. Indu Bhushan, Inspector, Sh. Sumit Tyagi, Inspector, Sh. Arshad Ali, Inspector, Sh. Anadi Shukla, Inspector Sh. Rajiv Dubey, Inspector, Sh. Vijay Meena, Inspector & Sh. Sanjay Kumar, Inspector, of Anti-Evasion wing of Central GST Ghaziabad.
Central GST Ghaziabad