LUDHIANA: In multiple actions, Centre GST (CGST) Commissionerate Ludhiana in its drive against anti evasion, has arrested four persons under three different cases on March 31st.
All the arrests are related with executing bogus billing and availing fraudulent input tax credit (ITC) and out of the four , one has been remanded to judicial custody till April 15th while other three have been released on bail by the department.
Giving more information, Ashutosh Baranwal, principal commissioner, CGST Ludhiana said, We have placed 4 persons under arrest, who are accused in 3 different cases. One Vishal Kumar Singla S/o Late Lakhpat Rai has been arrested on March 31st in the Happy Nagpal case where 32 bogus firms operated by Nagpal made dubious outward supplies totalling to Rs 427 crores approximately & availed fake ITC of Rs 65 crore approx. Singla along with the main accused Nagpal, was involved in issuance of fake invoices amounting to Rs 38.67 crores approximately and fraudulent pass
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LUDHIANA: In a classic case of desperation to go to extremes for immigrating to Canada, a Ludhiana resident has been arrested by central GST commissionerate Ludhiana for forming five companies in his name and doing bogus billing worth hundreds of crores at the behest of someone known to him.
Ashutosh Baranwal, principal commissioner CGST Ludhiana said, “Accused Pawan Kumar has been arrested by our department and sent to judicial custody after he confessed that five firms being run on his name had indulged only into issuance of fake invoices without any actual receipt and supply of goods. Through these firms in which he was a proprietor / partner, the accused issued invoices total valued at Rs. 105.93 crores involving GST amounting to Rs. 9.38 Crores crores. This is the third arrest made by the Commissionerate, in the high profile Sahil Jain Case.