Maharashtra GST busts fake ITC racket
Operator of three firms arrested for fake bills worth Rs.231.49 cr.
Maharashtra Goods & Service Tax Department has arrested Mr. Brijesh Vanitlal Shah, age- 48, operator of M/s. Om Impex and two other firms, on 04.08.2022 under the special investigation operation carried out against tax evading firms.
An investigation visit was conducted at the place of business of M/s. Om Impex. During preliminary investigation it was found that M/s. Om Impex and two other firms viz. M/s Brijeshwari Enterprises and M/s Chetna Metals LLP have availed Input Tax Credit (ITC) of Rs.41.67 cr. from suspected non-genuine tax payers by means of fake bills worth Rs.231.49 cr.
Metropolitan Magistrate Court has remanded Mr. Brijesh Vanitlal Shah to 14 days judicial custody. The operation was conducted under the guidance of Mr. Rahul Dwivedi (IAS), Joint Commissioner of State Tax, Investigation-A, Mumbai and Mr. Nilkanth Ghogare, Deputy Commissioner of State Tax and led by the Assistant Commissioner of State Tax Mr. Santoshkumar Rajput along with Mr. Amol Suryawanshi and Mrs. Leena Kale.
With this, the State GST department has made thirty arrests in the current financial year. Given the comprehensive analytical tools and the inter-departmental coordination state GST has been deploying, this number is further going to increase thereby giving strong signal to the fraudsters and strengthening its drive against such people.
(Source: Maharashtra GST dept.)