DGGI BELAGAVI ZONAL UNIT UNCOVERS FRAUD INVOLVING ISSUANCE OF FAKE GST INVOICES OF AROUND RS. 145 CRORE AND TAX EVASION OF RS. 43 CRORE; ONE ARRESTED

India, Aug. 30 -- The Government of India issued the following news release:

The Directorate General of GST Intelligence (DGGI), Belagavi Zonal Unit has registered a case and uncovered a GST fraud involving issuance of fake invoices valued at approximately Rs 145 crore, resulting in alleged tax evasion of about Rs 43 crore. One individual has been arrested in connection with the case.

Preliminary findings indicate that a group of people created fake GST registrations using forged documents and availed and passed on fraudulently availed ITC. During the search of the accused's premises, officers recovered several documents/ evidences, including a mobile phone, forged documents, fictitious Aadhaar cards and photographs of signboards of non-f...