DGGI Arrests Chartered Accountant in Rs 325 Crore Fake Billing Case

Last updated: 10 November 2025


Quick Summary
The Directorate General of GST Intelligence (DGGI) has arrested a Chartered Accountant from Mumbai, Nilesh Yogesh Jigiwala, in connection with a colossal GST fraud amounting to over Rs 325 crore. Jigiwala is accused of masterminding a network of over 105 fake companies used to create and distribute fraudulent Input Tax Credit (ITC). He allegedly helped large firms wrongly claim subsidies and evade taxes by misusing GST registrations of small businesses. The DGGI is continuing its investigation to uncover all involved parties and beneficiary companies.

The Directorate General of GST Intelligence (DGGI), Bhubaneswar Zonal Unit, has arrested a Mumbai-based Chartered Accountant, Nilesh Yogesh Jigiwala, for his alleged involvement in a massiveGST fraud exceeding Rs 325 crore. According to DGGI officials, Jigiwala was the mastermind behind an elaborat
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Nilesh Yogesh Jigiwala, a Chartered Accountant from Mumbai, has been arrested by the DGGI.

The fraud is alleged to exceed Rs 325 crore.

He is accused of being the mastermind behind a network of fake companies used to generate and pass on fraudulent Input Tax Credit (ITC).

Preliminary investigations suggest he operated a web of over 105 fake and benami firms.

The DGGI has intensified its nationwide drive against fake invoicing and ITC fraud under the GST 2.0 compliance framework.

He was apprehended in Mumbai and subsequently brought to Bhubaneswar for interrogation.




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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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