In one of the biggest GST-related scams reported in Gujarat, Navrangpura police have registered a case against a Chartered Accountant (CA) from Ambawadi and his associate for allegedly defrauding a city-based businessman of nearly Rs 217 crore. The duo is accused of forging signatures, creating bogus accounts and carrying out financial transactions to evade GST.
Businessman Alleges Fraudulent Transactions
The complaint was filed by Adeshwar Mehta, a businessman from Shahibaug, who runs a mobile phone business on Ashram Road. Mehta claimed he was introduced to CA Mitul Ghelani of Avani Tower, Ambawadi, by his friend Nandan Mehta back in 2014 for handling his audit and tax-related work.
According to the FIR, in 2020, Nandan convinced Adeshwar to temporarily join his wife's cotton ginning company in Himatnagar as a director to help with a land dispute. Trusting his friend, Adeshwar signed several documents at Ghelani's office. Around the same time, a bank account in the name of Mehta Marketing was opened at Mehsana Urban Co-operative Bank, Navrangpura, allegedly without his knowledge.
Signatures Forged, Accounts Misused
Adeshwar later resigned from the company in 2022. However, in January 2025, he received a GST department notice and discovered that the accused had been operating the Mehta Marketing account using forged signatures. Investigations revealed that transactions worth Rs 210 crore were routed through the account to evade GST liabilities.
Police officials said the accused used forged cheques and manipulated accounts to siphon off funds and conceal tax obligations.
Multiple Bogus Accounts Found
The probe has also unearthed that the duo allegedly opened several bogus bank accounts in the names of unsuspecting individuals to execute additional GST frauds running into crores. Forensic audits are now underway, with financial experts assisting the police to trace the money trail.
Probe Ongoing
Authorities confirmed that more arrests could follow as fresh revelations emerge in the multi-crore scam. "The case involves layered transactions, forged documents, and misuse of authority. The investigation is ongoing and further details will come to light," a senior police official said.
The case has been registered under sections of cheating, forgery, and criminal breach of trust, along with provisions of the GST Act.
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