Fake ITC - Page 4

Nagpur & Gurugram DGGI makes big cases relating to fake invoices

D.O. No. 58/CH(IC)/2020 15/03/2021

In the ongoing anti-evasion drive, last week saw the Gurugram Zonal Unit (GZU) and the Nagpur Zonal Unit (NZU) of DGGI make big cases relating to fake invoices. In an ongoing investigation, GZU made arrests of two members of a fake invoicing syndicate who were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs. ...

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2 Person Arrested in case of fake invoice of Rs. 93 Cr.

CGST Ghaziabad Commissionerate arrested 2 persons including the mastermind in case of issuance of fake invoice of Rs. 93 Cr. by creating 25 fake firms and passing of inadmissible ITC of approx Rs. 16 Cr. by conducting searches at 18 locations. PRESS NOTE CGST COMMISSIONERATE, GHAZIABAD ARRESTES TWO PERSONS IN CASE OF ISSUANCE OF FAKE [&he...

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DGGI Gurugram officials arrest 2 for GST Fraud of Rs 690 crore

Both the accused, resident of Sirsa, Haryana, had relocated to Nepal in a bid to escape being caught and to perpetuate the fraud. After a tip off they were nabbed and were found to be in possession of huge incriminating documents and gadgets in the form of multiple laptops, multiple smart phones, debit cards, PAN and Aadhar details of mul...

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Bail cannot be refused merely on the ground of socio economic offence leading to loss to exchequer

Praveen Jain Vs DGGI (Patiala House)

Praveen Jain Vs DGGI (Patiala House Court)  FULL TEXT OF THE JUDGMENT/ORDER OF PATIALA HOUSE COURT This is the second bail application moved on behalf of accused. The accused has been transited from the court of Ld. SCJM, Rohtak and all firms /companies involved in the present case are registered in Delhi. It is submitted that as [&hel...

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CGST Gandhinagar detects 68 fake firms & fraudulent ITC of Rs. 720 Cr

Notification No. D.O.No.57/CH(IC)/2020 08/03/2021

The week also saw the CGST Gandhinagar Commissionerate unearth a huge case involving a web of 68 fake firms issuing invoices to claim fraudulent GST Input Tax Credit of Rs. 720 crore without the supply of goods. The CGST East Delhi Commissionerate too made two big cases relating to fake invoices....

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CGST arrests two for GST Fraud of more than Rs 392 crore

. The syndicate has thus defrauded the Government exchequer of more than Rs. 392 crore by issuing bogus invoices of more that Rs. 3,000 crore without actual supply of any goods or services which is likely to increase as the investigation progresses. It is pertinent to mention that M/s Vertilink Media Solutions Private Limited has adm...

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Delhi East CGST Officials arrest man for ITC fraud of Rs 38.91 crore

In the ongoing drive to counter the menace of fake billing operators, information from analytics tool NETRA (Network Exploration Tool for Revenue Augmentation), was developed by the officers of Central Goods and Service Tax (CGST) Commissionerate, Delhi East to unearth a network of fictitious firms used to generate and pass on fake Input...

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Fake invoices with a face value of Rs. 3308 crore unearthed

D.O.No.54/CH(IC)/2020 01/03/2021

I am happy to note that the anti-evasion teams of Jaipur and Alwar CGST Commissionerates have used data analytics to unearth a large case of fraudulent ITC availment, involving fake invoices with a face value of Rs. 3308 crore by several non-existent firms registered in Jaipur. These firms had fraudulently availed ITC of about Rs. 83.37 c...

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CGST Delhi officials arrest man for ITC fraud of Rs 50.03 crore

The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST)....

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CGST Ghaziabad unearths GST Evasion of approx Rs 37 Cr.

CGST Ghaziabad unearthed GST evasion of approx Rs 37 Cr. linked with availment of fake ITC through chain of non-existent firms. Subsequent to this, the proprietor of the firm was arrested. Further investigations are underway. PRESS NOTE ONE PERSON ARRESTED IN CASE, OF FRAUDULENT AVAILMENT OF ITC OF RS. 37.14 CRORES ON THE BASIS OF [&helli...

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