DGGI Ghaziabad officials bust bogus network of 275 firms involving fake invoices of more than Rs 3,100 crore

Jan 27, 2022 | Business


The Directorate of Goods and Service Tax Intelligence, Ghaziabad Regional Unit has busted a syndicate involved in creating and controlling fake firms and issuing of bills by these fake firms without supply any Goods or Services and encashment of GST refund.


After developing precise Intelligence, two office premises were searched from where various incriminating documents/things pertaining to more than 200 fake firms were recovered  i.e.  mobile phones, digital signatures, debit cards, PAN cards, Aadhaar cards, photos of persons, rent agreements,  laptops,  pen drives, rubber stamps, keys of offices, SIM cards, cheque books and some Kuccha records.


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Further, in-depth investigation was conducted which revealed that the data of this network is being compiled and used from the cloud. After analysis of the evidences and data, it was revealed that this network consists of 275 bogus firms which exist only on paper. These firms have issued fake invoices having total value of Rs 3,189 crore involving total GST evasion of Rs 362 crore.


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One of the key persons who was instrumental in collection of identities of individuals for creation of fake firms namely Sh. Tinku Yadav was arrested earlier. Based on the information given by Sh. Tinku Yadav  and analysis of IP addresses, the actual masterminds of the network namely Sh. Vipin Kumar Gupta alias Nikku, and Sh. Yogesh Mittal have been apprehended and arrested. It has been learnt that both Sh. Vipin Kumar Gupta and Shri Yogesh Mittal are habitual offenders. Both the offenders have been arrested by Directorate of Revenue Intelligence (DRI) and Enforcement Directorate (ED) earlier.




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PM interacts with PMO officials on Diwali Milan

Nov 13, 2021 | Business

Prime Minister Shri Narendra Modi interacted with PMO officials on the occasion of ‘Diwali Milan’, organised at PM’s residence at Lok Kalyan Marg today. He extended warm Diwali greetings to everyone on the occasion.

Prime Minister discussed the country’s battle against the pandemic. He underlined how the country has displayed unity and brotherhood in fighting the common faceless enemy. He also talked about the positive changes that have come about in society and governance as a result of the pandemic, adding that these changes have made societies more resilient.

Prime Minister highlighted how difficult times often lead to realization of inherent potential among people, processes and institutions. He exhorted PMO officials to draw inspiration from this spirit.

Highlighting the significance of this decade towards laying a strong foundation for the nation for 2047 and beyond, Prime Minister said that all of us in PMO must work together to our fullest potential and help the nation attain greater heights.

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CGST officials bust network of 23 firms for claiming input tax credit of Rs 91 crore

Jul 12, 2021 | Business

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of Rs 91 crore (approx). The modus operandi involved floating of multiple firms with the intent to avail/utilize & passing on of inadmissible credit.

The firms involved in this network are M/s Girdhar Enterprises, M/s Arun Sales, M/s Akshay Traders, M/s Shree Padmavati Enterprises and 19 others. These 23 firms were floated in order to generate goods-less invoices with an intent to pass on fraudulent ITC without paying actual GST to the government. Late Shri Dinesh Gupta, Shri Shubham Gupta, Shri Vinod Jain and Shri Yogesh Goel were associated in the said business of generating/selling fake invoices. These entities are dealing in various commodities and involved in generation of goods-less invoices worth Rs. 551 croreand passing inadmissible ITC amounting to Rs. 91crore(approx.). All the three accused tendered their voluntary statement admitting their guilt.

Therefore, Shri Shubham Gupta, Shri Vinod Jain and Shri Yogesh Goel knowingly committed offences under Section 132(1)(b) and 132(1)(c) of the CGST Act, 2017 which are cognizable and non-bailable offences as per the provisions of Section 132(5) and are punishable under clause (i) of the sub section (1) of Section 132 of the Act ibid. Accordingly, they were arrested under Section 132 of the CGST Act on 10.07.2021 and remanded to judicial custody by the duty Metropolitan Magistrate for 14 days. Further Investigations are in progress.

Delhi Zone has been making sustained efforts to check evasion of GST, leading to detection of Rs. 91.256 crore in the present FY and 3 persons have been arrested in these matters.

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CGST Delhi officials arrest man for input tax credit fraud of around Rs 94 crore

Mar 26, 2021 | Business

The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.

As per investigation conducted so far, a total of 5 fake firms namely M/s Shradha Traders, M/s Anshara Impex, M/s Vijeta Enterprises, M/s SM Agencies and M/s Deepasha Sales were created by him for the issuance of goods-less invoices for items like butter/ghee/oil and passed on inadmissible Input Tax Credit (ITC) of Rs. 94 crore approx.  

During the search of his residence incriminating documents like ATM cards, signed cheques, bank documents, stamps of these dummy firms including stamp of the transport company as mentioned in the e-way bills of the fake firms and outer packets/cases of SIM cards of mobile phones used for registration of firms were recovered.

In view of the above Shri Krishan Kumar has thus committed offence specified under Section 132(1)(b) of the CGST Act, 2017. Accordingly, he has been arrested on 25.03.2021 under the provisions of the Section 69(1) of the CGST Act, 2017. He was sent to 14 days judicial custody by the duty Magistrate. Further investigation is under process.

It is pertinent to mention here that in the financial year 2020-21, CGST Delhi Zone has made total of 40 arrests in various cases involving GST evasion amounting to Rs. 5,310 crore.

 

DGGI Gurugram officials arrest 2 men for defrauding exchequer of more than Rs 690 crore

Mar 10, 2021 | Business

In an ongoing investigation the Directorate General of GST Intelligence, Gurugram Zonal Unit, were able to arrest two gang members of a fake invoicing syndicate, namely Shri Vikas and Shri Manish, who were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs 4,800 crore which defrauded the exchequer of more than Rs 690 crore.

Both the accused, resident of Sirsa, Haryana, had relocated to Nepal in a bid to escape being caught and to perpetuate the fraud. After a tip off they were nabbed and were found to be in possession of huge incriminating documents and gadgets in the form of multiple laptops, multiple smart phones, debit cards, PAN and Aadhar details of multiple persons, multiple notary stamps etc. Both the accused were arrested and were sent to Judicial custody. Analysis of the huge data is underway and involvement of other people and companies cannot be ruled out. The entire scam was orchestrated by using various high tech apps and messaging services which did not require use of direct calling. They were actively collaborated by other masterminds in different parts of the Country.

This present arrest is in continuance of the case in which DGGI, GZU had earlier arrested Shri Kabir Kumar who was caught at the airport while fleeing the city and had been arrested for ITC fraud of Rs 527 crore.

Based on evidences available and statements recorded, hundreds of fake firms have been created on the basis of PAN and Aadhar cards of unknown persons whose data have been procured by a separate syndicate. The fake firms have been found to have created fake invoices in excess of Rs 4,814 crore. Therefore, the accused were arrested on 08.03.2021 and produced before the Duty MM and have been remanded for 14 days of judicial custody.