Delhi businessman arrested in GST Fraud Case, Claimed ITC through 35 fake companies



Quick Summary
A Delhi-based packaging factory owner, Tushar Gupta, has been arrested by Noida police for his alleged involvement in a Goods and Services Tax (GST) fraud amounting to ₹24 crore. He is accused of fraudulently claiming input tax credit (ITC) using 35 fake companies. The police have seized ₹24 crore from his bank account and previously arrested him in July for similar offences. This arrest is part of a larger investigation into a gang that used bogus companies to generate fake e-way bills and claim ITC.

On Wednesday, the Sector 20 police arrested Tushar Gupta, a multimillionaire and resident of Tilak Nagar in Delhi, who runs a packaging factory in north-west Delhi. Gupta is accused of claiming input tax credit (ITC) fraudulently through 35 dummy companies, causing a loss of ₹24 crore to the government exchequer. The police have seized ₹24 crore from his bank account.Gupta was arrested in July by the GST department for GST offences and let out on bail two months later. However, the Noida poli
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FAQ :

Tushar Gupta, a Delhi-based businessman who owns a packaging factory, was arrested by the Sector 20 police.

He is accused of fraudulently claiming input tax credit (ITC) through 35 fake companies, causing a loss of ₹24 crore to the government.

The police seized ₹24 crore from Tushar Gupta's bank account.

Yes, he was arrested in July by the GST department for GST offences and was released on bail two months prior to this latest arrest.

A total of 33 people are believed to be part of the nexus and have been arrested, including Tushar Gupta.

Yes, non-bailable warrants have been issued against seven masterminds identified as Sanjay Dhingra, Kanika Dhingra, Mayank Dhingra, Mayur Nagpal, Charu Nagpal, Punit Bhardwaj, and Sanjay Gard.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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