Quick Summary
Officers of the Directorate General of GST Intelligence (DGGI) questioned Mumbai-based Chartered Accountant Nilesh Yogesh Jigiowala inside Bhubaneswar's Jharpada Jail on Tuesday. The interrogation comes weeks after his arrest in connection with an alleged Rs 325 crore GST fraud, which investigators
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FAQ :
A Mumbai-based Chartered Accountant named Nilesh Yogesh Jigiowala was interrogated by the DGGI.
The interrogation took place inside Jharpada Jail in Bhubaneswar.
The alleged GST fraud is currently estimated at £325 crore.
Investigators allege that the CA used GST registrations of small traders to facilitate illegal input tax credit claims for large corporate entities by generating fake invoices.
Yes, DGGI officials believe the fraud amount may increase significantly as they trace more transactions and financial trails.
Yes, the investigation is intensifying, and internal audits of companies have begun, raising the likelihood of more arrests.
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