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CGST COMMISSIONERATE, GHAZIABAD ARRESTS TWO PERSONS IN CASE OF ISSUANCE OF FAKE INVIOCES OF RS. 93 CRORES(APPROX.) BY CREATING 25 FAKE FIRMS AND PASSING OF INADMISSIBLE INPUT TAX CREDIT OF RS. 16 CR.(APPROX.) 1 On the basis of information shared by the Chief Commissioners Office, CGST Custom, Meerut Zone, Meerut, officers of CGST Commissionerate Ghaziabad, conducted a saris of search. on 10.03.2021 at 18 places located at Ghaziabad, Noida, Meerut, Sambhal and Delhi. 2. This led to unearth
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FAQ :
The CGST Commissionerate, Ghaziabad has arrested two individuals, Shaurya Rastogi and Rohit, who are allegedly involved in the issuance of fake invoices and fraudulent input tax credit.
The fake invoices issued were valued at approximately Rs 93 crore.
Approximately Rs 16 crore of inadmissible Input Tax Credit was passed on.
More than 25 fake firms were created to facilitate this fraud.
The scam involved creating fake firms, generating bogus invoices through them, and claiming inadmissible Input Tax Credit without the actual supply of goods.
The arrests were made under Section 132(1)(i) of the CGST Act, 2017.
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