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Haryana Police arrest 89, recover Rs 112 cr in GST fraud
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SME Times News Bureau | 18 Jan, 2021
In a well-coordinated operation against Goods and
Services Tax (GST) scamsters, Haryana Police on Sunday said it busted
four major gangs related to issuing or registration of bogus firms
involved in fake invoice bills scam which defrauded the government
exchequer to the tune of over Rs 464.12 crore.
The nexus of the fraudsters was active not only in Haryana but across the country.
The
crackdown on GST fake invoice scam has also led to the recovery of over
Rs 112 crore and unearthing of fake GST identification numbers (GSTIN).
A total of 72 police cases have been filed so far in which 89 accused
have been arrested by the Crime Branch. Among the total arrest, 40 cases
have been registered against on Govind Sharma, Gaurav, Anupam Singla
and Rakesh Arora.
Director General of Police Manoj Yadava said
these persons issued fraudulent invoices to numerous firms and companies
without actual supply of goods through fraudulent e-way bills (GST
related challans for transporting consignments) and facilitated fake
income tax credit entitlement on GST portal through GSTR-3B form.
It
has also been revealed that fraudulent income tax credit worth crores
of rupees has been passed by these gangs using fake GST invoices, e-way
bills and with the help of forged bank transactions.
During the
course of investigations, it has also come to light that out of the
arrested persons, some are white-collar economic repeated offenders.
Police has also blocked inadmissible income tax credit worth of Rs 97.22 crore in the Excise and Taxation Department.
Yadava congratulated DGP, Crime, Mohd Akil and his entire team for their performance in busting the racket involved in GST scam.
A
total of 21 FIRs against fake firms belonging to the Govind gang active
in Panipat and adjoining areas were lodged in 2019 while other three
gangs involved in major GST evasion were booked between 2018 and 2019.
Police has so far blocked income tax credit of these gangs to the tune of over Rs 80 crore.
The
DGP said the major goods involved in these GST invoice scams were
scrap, iron and steel articles, cotton yarn, paper, etc. The drive
against the GST evaders and income tax credit fraudsters is expected to
intensify and more arrests are likely in the future.
Maximum
fraudsters in these gangs used to first register fake firms on the GST
portal in the name of gullible people and then generate fake invoices,
bills of these firms by using software apps like BusyApp, TallyApp,
Shkun Software, etc, and then uploading these bills to generate e-way
bills on the GST portal.
"We have conducted a statewide drive
against GST fake invoice fraud and requested the department concerned
seeking all the records. As the beneficiaries (income tax credit
claimants) are from various parts of Haryana and other states too, we
are coordinating with our counterparts to track the culprits involved in
the fraud," Akil said.
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