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MUMBAI: The Maharashtra Goods and Service Tax (GST) Department on Friday arrested Anuj Gupta, proprietor of five firms in an alleged Rs 31 crore GST fraud. Gupta was remanded to 14 days judicial custody by a local court.
Officials said that this is the third major arrest by the state GST department since November 2020.
According to officials, Gupta is owns three firms registered under the Maharashtra Goods and Service Tax Act, 2017 Savvy fabrics, Shiv Textiles, and Shakti Textile, and 2 firms registered in the Union Territory of Dadra and Nagar Haveli Subhlene Fabrics and Shubhmangal Textiles Industries.
“These five firms have shown bogus purchases of more than Rs 272 crore and thereby, have availed bogus Input Tax Credit of more than Rs 31 crore, without actually buying any goods or services,” said an official.
Maharashtra GST department arrests Vile Parle-based businessman for Rs 31 crore scam ANI | Updated: Jan 16, 2021 09:25 IST
Mumbai (Maharashtra) [India], January 16 (ANI): Maharashtra Goods and Services Tax (GST) Department on Friday arrested a Vile Parle-based businessman for allegedly causing a revenue loss of Rs 31 crore to the state government by fraudulently claiming the input tax credit.
As per a press statement from GST Department, the five firms owned by accused Anju Gupta showed estimated bogus purchases of more than Rs 272 crore and thereby had availed of bogus Input Tax Credit of more than Rs 31 crore without actually buying any goods or services.
Maharashtra Goods and Services Tax (GST) Department on Friday arrested a Vile Parle-based businessman for allegedly causing a revenue loss of Rs 31 crore to the