Quick Summary
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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FAQ :
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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