Quick Summary
The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Shri Rajesh Kasera resident of New Delhi on charges ofIGST fraudby way ofillegally availing input tax credit (ITC) on invoices without goods, and encashing through IGST refund mode by resorting to overvalued exports. It is apparent from the investigation conducted till date, that Shri Rajesh Kaseracreated and controlled two companies by the name of M/s S.K. Traders helmed by dummy director S
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FAQ :
Shri Rajesh Kasera, a resident of New Delhi, was arrested by the DGGI Gurugram Zonal Unit.
He is charged with illegally availing input tax credit (ITC) on invoices for goods that were not supplied, and encashing this through IGST refunds by resorting to overvalued exports.
The total fraudulent ITC involved is Rs 8.72 crore, passed on or availed by the two companies controlled by the accused.
The companies involved were M/s S.K. Traders and M/s R.K. Enterprises, based in New Delhi and Faridabad respectively.
Rajesh Kasera was produced before Duty MM Delhi, who ordered him to be placed in judicial custody.
Yes, further investigations into the matter are currently in progress.
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