DGGI Busts Rs 171.45 Crore GST Fraud, Accused Held

Last updated: 24 March 2025

The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, has arrested Maddi Prasad in Karnataka for his alleged involvement in a massive GST fraud case. Authorities claim Prasad orchestrated a bogus invoicing scam worth Rs 171.45 crore, leading to a tax evasion of Rs 30.85 crore
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Guest

News posted by

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.

Comments

Recent News :

  1. Income Tax Department Enables Online Challan Correction Facility
  2. RBI Withdraws Obsolete FEMA Circulars to Simplify Foreign Exchange Regulatory Framework
  3. RBI Issues TReDS Directions 2026, Simplifies Framework for MSME Financing
  4. ICSI Urges Members to Update Contact Details Ahead of Election Process
  5. Finance Ministry Notifies Jan Vishwas Act Amendments for RBI, LIC, Insurance and PFRDA Laws from 23rd June 2026
  6. ICAI President Calls Yoga a Blueprint for Balanced Professional Life on Yoga Day 2026
  7. MCA Extends Name Reservation and E-Form Resubmission Deadlines Till July 10, 2026
  8. MCA Extends DPT-3 Filing Due Date: No Additional Fees Till 31st July 2026
  9. Finance Ministry Notifies 7.70% NSSF Special Securities for FY 2026-27
  10. ITR-3 Utility Released for AY 2026-27: Excel Utility, JSON Schema and Validation Files Now Available

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Aravind SAravind SPro Member Dinesh kumarDinesh kumarPro Member vinodvinodPro Member Nagaratnam ChandrasekaranNagaratnam ChandrasekaranPro Member madhu Reddymadhu Reddy
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details