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GST Fraud: Haryana police arrests 89, recover over Rs 112 crore ANI | Updated: Jan 17, 2021 17:00 IST
Chandigarh (Haryana) [India], January 17 (ANI): Haryana police have arrested 89 people after busting four major gangs allegedly involved in a Goods and Services Tax (GST) scam and recovered over Rs 112 crore from their possession.
According to an official statement of Haryana police, the gangs defrauded the government exchequer to the tune of over Rs 464.12 crore through fraudulent means across the state. The nexus of these fraudsters were active not only in Haryana but across the country.
Director General of Police (DGP) Haryana Manoj Yadava today said that these persons issued fraudulent invoices to numerous firms and companies without actual supply of goods through fraudulent E-way bills (GST related challans for transporting consignments) and facilitated fake (Income Tax Credit) ITC entitlement on GST portal through GSTR-3B form.
Haryana police busts fake GST invoices racket, arrests 89
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AAA The Haryana police has busted four gangs running a racket of issuing fraudulent GST invoices to numerous firms leading to an estimated loss of nearly ₹465 crore to the public exchequer. The busting of the racket has led to arrest of 89 people after the registration of 72 cases between July and October last year, Haryana Director General of Police Manoj Yadava said on Sunday.
“The Haryana police has busted four major gangs related to bogus firms involved in GST fake invoice bills scam which defrauded the government exchequer to the tune of over ₹464.12 crore through fraudulent means across the state,” he said.
LUDHIANA: In a major development in the Rs 158.10 crore bogus billing case, two prominent businessmen of Ludhiana are now under the scanner of the Central Goods and Services Tax (CGST) Commissionerate, Ludhiana for their alleged role in the scam.
The development follows the arrest of an accused, Tarun Kumar Vidyarthi of Amroha in UP, who has reportedly made several startling revelations to the tax officials.
According to a highly-placed source in the department, Tarun has claimed that on October 3, 2019, he and another accused Rakesh Kumar who is partner in two of the three firms involved in the scam were allegedly kidnapped from Amroha and brought to Ludhiana by Raja Bhaiya and some bouncers and held captive for several days at a farmhouse located at Hambran Road, Ludhiana. The bouncers were allegedly arranged at the behest of an influential Ludhiana businessman and his associate, who are now under the commissionerate’s scanner.
LUDHIANA: On Wednesday, two accused in the Rs 158.10 crore bogus billing scam were sent to 14-day judicial custody till December 23 after the Central GST (CGST) commissionerate, Ludhiana, had arrested them and produced them in a Ludhiana court. In another development in this case, the hearing on the bail application of one of the other accused was adjourned till December 14. The CGST department has confirmed these developments.
Giving insight into the entire case Ashutosh Baranwal, principal commissioner, CGST commissionerate, Ludhiana, said, “Two more arrests have been made in the ongoing investigation into the Rs 158.10 crore bogus billing case, one of Tarun Kumar Vidyarthi, who created fake identities of partners Rajesh Kumar, alias Ajay Gupta, (already arrested), and second of Shreya Agarwal, who is partner in all three firms under investigation. Tarun turned out to be one of the key executors in the case of fraudulent availing of input tax credit by the three firms involved