Quick Summary
The director of Jaatvedas Construction Company Private Limited, Hitesh Amrutlal Patel (42), was arrested by the Maharashtra Goods and Services Tax (GST) Department on Tuesday under a special operation carried out against tax-evading firms.
The department is also looking for two other directors of the company, Ashok Mewani and Narendra Patel. The Metropolitan Magistrate Court has remanded Patel to judicial custody of 14 days.
During an investigation against Jaatvedas Construction Company Private Limited, the GST department found that the firm has availed fake input tax credit of Rs 11.19 crore from bills, amounting to 50.88 crore in inward supply from various GSTIN of cancelled suppliers.
FAQ :
Hitesh Amrutlal Patel, director of Jaatvedas Construction Company Private Limited, was arrested.
He was arrested as part of an operation against tax-evading firms, specifically for allegedly availing fake input tax credit.
The investigation found fake input tax credit of Rs 11.19 crore from bills amounting to Rs 50.88 crore in inward supply.
Yes, the department is looking for two other directors of Jaatvedas Construction Company Private Limited: Ashok Mewani and Narendra Patel.
He has been remanded to 14 days judicial custody by the Metropolitan Magistrate Court.
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