Government of India
Office of the Commissioner
CGST and Central Excise Commissionerate, Belapur
1st Floor, C.G.O. Complex, CBD Belapur, Navi Mumbai-400614
Tel No.. 022-27579604 Fax 022-27579658 Email- gst.belapur@gov.in
F-No.V/AE/Bel/12-49/Gr-C/GSTR3B Vs 2A/2018 Dated 12.09.1018
PRESS RELEASE
Recovery of Rs. 1.12 Lakh crore wrongly availed as credit in GSTR-3B by M/s PRO-TECH Engineers & Fabricators Pvt. Ltd, Navi Mumbai.
The officers of Central GST & Central Excise Commissinnerat, Belapur, in Mumbai GST Zone noticed availment of very large amount of input tax credit, while conducting analysis of the electronic data furnished in the GST returns of the registered person namely M/s PRO-TECH Engineers & Fabricators Pvt Ltd., Navi Mumhai. A huge mismatch was noticed in GSTR2A returns vis-a-vis the available credit as appearing in the GSTR-2A returns for the period from July 2017 to March 2018, and thereupon an inquiry was initiated in the matter.
2. The officers of Anti-Evasion wing of the the Commissionerate visited the premises of the said taxpayer situated at A-443, TTC, MIDC, Mahape, Navi Mumbai- 400 701 on 11.09.2018. The examination of the related records revealed that the taxpayer had availed inadmissible credit to the tune of Rs.112,396.51. On inquiry, Shri Markiunath Agadi, Director of the said company, stated that they had inadvertently availed the said inadmissible credit, It was further seen that the said tax payer have also utilized a small part of the said credit to discharge their GST liability ,
3. As an immediate measure. the officers of the visiting team got the taxpayer reverse the Input Tax Credit of Rs. 1,12,396.51
reversed through DRC-03 indicating intimation or voluntary payment.
4. Further investigation is under progress.
(R. K. Mfrshni) Commissioner
Cost & Central Excise, Rehipur
