Hyderabad: The Central Crime Station (CCS) police have arrested the Managing Partner of Ambika Steel in connection with a large-scale GST fraud case involving fake invoices and e-way bills. The arrest comes after weeks of investigation by state GST officials into fraudulent claims of ITC.
Fake Invoices and Misuse of E-Way Bills
According to investigators, the accused generated bogus invoices and e-way bills without any actual movement of goods, in violation of the GST Act. This fraudulent mechanism was allegedly used to unlawfully claim ITC, causing significant losses to the exchequer.
Officials further revealed that vehicle number AP29TA7213, which has remained immobile since June 2025 and is already under detention, was falsely shown as transporting goods. Shockingly, this number was misused by multiple taxpayers to create several e-way bills, despite no transportation taking place.
Legal Battle and Failed Escape
An FIR was registered on July 30, 2025, following which the accused approached the Telangana High Court seeking to quash the case. However, the plea was dismissed, paving the way for continued investigation.
Police sources said the accused later attempted to escape to Goa but was intercepted and arrested by CCS personnel before he could flee.
Others Still Absconding
Authorities confirmed that several other individuals connected to the fraud remain at large. A manhunt is underway to apprehend them, with both police and GST officials intensifying efforts to trace the network behind the fraudulent operation.
The arrest underscores the growing crackdown on GST frauds across the country, with enforcement agencies tightening their grip on fake invoicing rackets that continue to plague India's tax system.
CAclubindia
