CGST Vadodara booked a case of circulation of fraudulent invoices worth Rs 582 crores, without any supply of goods, by a Vadodara based firm, for availing and passing on of illegal GST input credit. The firm was managed by a tax consultant, who has since been arrested.
OFFICE OF THE PR. COMMISSIONER
CENTRAL GST & CENTRAL EXCISE, VADODARA-I
Central GST Building, Race Course Circle
Vadodara – 390 007
F.No. IV/06-Prev/67/Datar/2018-19/Gr. D
Vadodara, Dated 18.01.2019
PRESS NOTE
Tax Consultant Arrested in Rs. 582 Crores Bogus Bill GST fraud Case
The officers of CGST, Vadodara-I, upon specific intelligence have booked a case against M/s. Datar Enterprise, Vadodara, of circulation of fake invoices valued Rs. 582 Crores of the various commodities like Gold, Silver Sr, Copper etc without any physical movement of goods. Tax Consultant Shri Hiten J. Mandaliya solely managed the firm, M/s. Datar Enterprise. Bogus purchase Invoices worth Rs 274 crores were received and bogus sales invoices worth Rs 308 crores were issued, of commodities like Gold, Silver, Copper, Cement, Labour etc, by M/s Datar Eneterprise to many firms of Vadodara & Ahmedabad for availment and passing of fraudulent Input Tax Credit amounting to Rs. 20 Crores without any physical/actual movements of Goods.
Further, follow up searches were carried out at the premises of some Vadodara based purchasers of the bogus invoices, who admitted to have availed ITC without any receipt of goods and services from. M/s Datar
Enterprise, at the instance of Shri Hiten Mandaliya.
Shri Hiten J. Mandaliya, Tax consultant of M/s. Datar Enterprise has been arrested on 13.01.2019. He was sent to the Judicial Custody till 25.01.2019 by the Chief Judicial Magistrate, Vadodara.
Further, investigations are underway at the end of the firms involved with M/s. Datar Enterprise. The possibility of existence of other fake firm issuing fake invoices without actual movement of goods in the case cannot be ruled out.
(S.K. Singh)
Additional Commissioner (Prev.)
COST & Central Excise,
Vadodara -I
