Quick Summary
CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations The CGST Delhi West Commissionerate under CGST Delhi Zone, upon analysis of an entity under investigation as part of Special Drive against fake registrations, found multiple entities registered on the same address wherein the said address was found existent during verification but the owner of the said premises denied any knowledge about existence of any
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FAQ :
CGST Delhi West has busted a nexus of more than 30 fake firms and arrested a key individual involved in obtaining fake GST registrations.
The firms were identified through data analytics and physical verification. It was discovered that multiple entities were registered at the same address, but the premise owner denied knowledge of their existence, and no goods were moved from there.
The main culprit arrested is a person named Shiva, who was obtaining KYC credentials from individuals by promising loans and then selling the created firms.
Shiva created more than 30 fake firms and sold them for cash at a premium.
These multiple firms had availed or passed on ineligible Input Tax Credit (ITC) amounting to over 50 crore.
Shiva has been arrested for violating Section 132 of the CGST Act, 2017, and has been remanded to judicial custody. Further investigation is ongoing.
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