Quick Summary
The Commercial Taxes Department, Karnataka,continues its relentless pursuit against fake Bill Traders whose illegal activities lead to claim of fictitious and ineligible Input Tax Credit (ITC) seriously impacting the tax revenues of the Government. Mr. Rahul Kishan Rao Kulkarni, an accused Taxpay
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FAQ :
Rahul Kishan Rao Kulkarni, a taxpayer residing in Bidar District, Karnataka, was arrested.
The accused is involved in a multi-crore GST Input Tax Credit (ITC) scam, using fake invoices to facilitate fraudulent ITC claims.
Fake GST registrations were created by misusing Aadhaar and PAN cards of the accused, his family members, and friends, and by managing their bank accounts.
Most of the beneficiaries who received the fake ITC are works contractors.
The department will recover tax along with interest and penalty and take stringent action against all fraudulent tax evaders.
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