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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
Representative image ANI | Updated: Feb 09, 2021 20:35 IST
New Delhi [India], February 9 (ANI): The Central Goods and Services Tax (CGST) officers, Delhi East on Tuesday arrested a key associate of the accused person who was running a multi-layered network of 46 fake firms and passing on fake input tax credit (ITC) worth Rs 82.23 crore.
According to an official statement of CGST Commissionerate, the accused Arvind Kumar s associate Kamal Singh was arrested under Section 69(1) of the CGST Act, 2017 and produced before the Duty Magistrate today, who remanded him to judicial custody of 14 days till February 23.
The accused Arvind Kumar was arrested on January 17 and is in judicial custody, the statement said.
The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East unearthed a multi-layered network of fictitious firms being used to generate and pass on fake ITC.
Officials arrest one for operating 46 firms, availing fake ITC of Rs 82.23 crore
Through extensive data analytics, the GST officials identified and searched 21 premises between January 15 and 17, unraveling a network of fake firms. It is a part of the ongoing drive of the Commissionerate against availment of inadmissible ITC. (File image for representation)
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Updated: Jan 18, 2021, 05:09 PM IST
The officers of the Central Goods and Services Tax (CGST) Commissionerate, Delhi East, unearthed a multi-layered network of fictitious firms that were being used to generate and pass on fake input tax credit (ITC). It is a part of the ongoing drive of the Commissionerate against availment of inadmissible ITC.