Quick Summary
A 19-year-old youth whose name is Sanket Mittal was involved in fraudulently availing Input Tax Credit under the Goods and Services Tax (GST) regime by misusing B2C credit from online mobile sales (like Amazon, Flipkart, Appario). Nature of the Fraud The case was - this 19 year old boy claimed Input Tax Credit using fake B2C (Business-to-Consumer) invoices, particularly from mobile phone sales on online platforms. He allegedly obtained IMEI numbers of iPhones sold to individual consumers fr
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
Sanket Mittal is accused of fraudulently availing Input Tax Credit under the GST regime by misusing B2C credit from online mobile sales, particularly using fake invoices and IMEI numbers of consumer-purchased iPhones.
The estimated fraud amount is £64.25 crore.
Naveen Tayal has also been arrested and is involved with Sanket Mittal in the fraud.
Sanket Mittal and Naveen Tayal were arrested by the CGST Faridabad Commissionerate and sent to 14-day judicial custody by the Faridabad District Court.
The fraud involved claiming Input Tax Credit using fake B2C invoices, particularly from mobile phone sales on online platforms, by misrepresenting consumer purchases as business-to-business transactions.
The case highlights the misuse of e-commerce data and B2C credit chains for tax evasion, indicating increased scrutiny by GST authorities on online sellers.
CAclubindia
