Quick Summary
Mumbai police have booked a former accountant of a prominent film production company for allegedly siphoning off Rs 56 lakh that was meant to be paid as GST on behalf of the company's CEO. The alleged fraud resulted in the CEO's total GST liability, including late fees and interest, rising to Rs 65.82 lakh, officials said on Wednesday. According to the FIR registered at Khar police station, the accused, Bhagwan Kaskar, was employed as an accountant with Excel Entertainment Pvt Ltd, where the
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FAQ :
The former accountant is accused of siphoning off £56 lakh that was meant to be paid as GST on behalf of the company's CEO.
The company involved is Excel Entertainment Pvt Ltd, a film production company.
The complainant is Vishal Ramchandani, the CEO of Excel Entertainment.
The CEO's total GST liability, including late fees and interest, rose to £65.82 lakh.
The alleged fraud came to light in 2024 after another company executive noticed delays in GST filings.
The accountant reportedly admitted to paying only a portion of the tax and misusing the remaining funds for personal expenses.
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