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A case was booked against M/s. Fortune Graphics Limited, M/s. Reema Polychem Pvt. Ltd. M/s. Ganpati Enterprises, who were found involved in issuance of invoices without any actual supply of goods. The case was detected and developed by the officers on further data analytics out of a case booked against one of the exporters, M/s Anannya Exim, covered in the all India joint operation launched by DGGI-DRI in September 2019, against various exporters for fraudulently claiming IGST refund on the str
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FAQ :
M/s. Fortune Graphics Limited, M/s. Reema Polychem Pvt. Ltd., and M/s. Ganpati Enterprises have been booked by the DGGI.
The firms are accused of fraudulently passing on tax amounts of more than ₹600 Crore as ITC credit.
They allegedly issued invoices worth over ₹4,100 Crore without any actual supply of goods.
Three people have been arrested in connection with the case.
They have been arrested for committing offences under Sections 132(1)(b) and 132(1)(c) of the CGST Act, 2017.
No, further investigations in the matter are in progress.
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