Fake GST invoices case: HC ask petitioner to approach Court of Special Judge for Economic Offences

Vennapusa Venkata Subba Reddy Vs Union of India (Andhra Pradesh High Court) It is allegged that petitioner has issued fake GST invoices with a total turnover of Rs. 397,28,11,944/- without supply of goods to different business firms/companies by passing on a total fraudulent input tax credit of Rs. 61,30,33,274/- in respect of 21 firms, out of more than 70 firms created by him and thus caused huge loss to the Government exchequer. The investigation is stated to be pending. (a) In furtherance of investigation, the Senior Intelligence Officer has attached the bank accounts and lockers of some o...