Quick Summary
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested 3 persons including a CA on charges of creating and operating multiple fictitious firms on forged documents and passing large amounts of fake input tax credit by way of issuance of invoices without any actual receipt or supply of goods or services. From the investigation conducted till date, it has been established that one of the arrested persons has created at least 13 firms and has been invol
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FAQ :
DGGI Gurugram has arrested three individuals: the mastermind behind the fictitious firms, a commission agent, and a Chartered Accountant (CA).
The total fraudulent ITC involved in this racket is ₹121 crore.
The fictitious firms were created using forged documents.
The commission agent sold fake invoices, generated by the fictitious firms, to established businesses for a commission.
The CA was involved in facilitating the financial transactions, withdrawing cash after deducting commissions, and returning the remaining amount.
The three individuals were arrested under the CGST Act, 2017, and have been remanded to 14 days of judicial custody.
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