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DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has detected a case wherein total ITC of more than Rs 160 crore has been utilized and pass
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FAQ :
Shri Pawan Kumar Sharma was arrested by the DGGI Gurugram Zonal Unit.
The total ITC fraudulently availed and passed on is in excess of £160 crore.
Ten fake firms have been identified and busted so far in the investigation.
A network of fake firms was used to fraudulently avail and pass on ITC. Invoices were issued without the supply of actual goods, and goods were sold directly to retailers.
Shri Pawan Kumar Sharma was arrested on 13.05.2022 under the CGST Act, 2017, and was ordered into judicial custody for 14 days.
The arrested merchant has deposited £5 crore to date, with additional recovery expected.
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