STF busts Rs.248 crore Fake GST billing racket; 5 held
Meerut, July 5 -- In a major crackdown on GST evasion, the Special Task Force (STF) of Uttar Pradesh's Meerut unit has busted a massive fake invoicing scam involving over 100 bogus companies. Acting on a case registered in Muzaffarnagar, the STF arrested five individuals from Kempegowda Nagar in Bengaluru, Karnataka. The accused were allegedly operating a well-organised network that had been defrauding the central government of crores of rupees by generating fake invoices and e-way bills.
The arrests are linked to a case of Rs.45 crore GST evasion, part of a larger Rs.248 crore billing fraud. However, the two key masterminds behind the operation are still absconding.
The investigation began after Ashwani Gupta, a resident of village Badsu in Khatauli area of Muzaffarnagar, filed a complaint on September 2, 2024, at the local cyber crime police station. He reported receiving a phone call from an unknown woman who offered him a job at an airport. She asked him to send his Aadhaar card, PAN card, electricity bill, and high school mark sheet . A few days later, Ashwani was shocked when GST officials visited his home and informed him that a firm named "AK Traders" had been registered under his name. This firm had reportedly uploaded invoices worth Rs.248 crore on the GST portal , resulting in a tax liability of Rs.45 crore.HTC....
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