Quick Summary
The Uttar Pradesh State Tax Department has uncovered a fake firm allegedly created using forged documents in Lucknow. The bogus entity, registered under the name M/s Kumar Service, reportedly availed fraudulent Input Tax Credit (ITC) worth Rs 2.11 crore, causing significant revenue loss to the gover
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)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The fake GST firm in Lucknow is named M/s Kumar Service.
The fake firm fraudulently claimed Rs 2.11 crore in Input Tax Credit (ITC).
The firm was registered using forged electricity bills and other fraudulent documents.
The firm's bank account was linked to the State Bank of India branch at The Mall, Mussoorie.
The owner of the fake firm is Sachin Kumar.
An FIR has been lodged against the owner, Sachin Kumar, and a police investigation is underway.
CAclubindia
