Quick Summary
The Uttar Pradesh Police's Special Task Force (STF) has dismantled a massive multi-state GST evasion racket by arresting five individuals from Barmer district, Rajasthan. The accused were allegedly running a fraudulent network involving over 100 shell companies registered across Delhi, Rajasthan, Uttar Pradesh and other states - with actual operations routed through Karnataka. The racket came to light following a probe into a firm named AK Traders, allegedly involved in a Rs 248 crore tax fra
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FAQ :
Five individuals have been arrested in connection with the multi-state GST scam.
The estimated tax evasion in this case is approximately £248 million (Rs 248 crore).
The fraudsters used stolen identities to create over 100 shell companies on the GST portal. These companies issued bogus invoices and e-way bills to actual businesses to help them evade GST, charging a fee for each fraudulent bill.
Shell companies were registered across Delhi, Rajasthan, and Uttar Pradesh, with operations routed through Karnataka. The arrests were made in Barmer district, Rajasthan.
Legitimate businesses transferred funds to the fraudulent firms to evade GST. They would retain a commission, and the remaining amount was returned in cash or via alternate accounts, effectively laundering the tax evasion.
The Uttar Pradesh Police's Special Task Force (STF) is continuing its investigation to uncover the full extent of the scam, identify all beneficiaries, and recover the defrauded GST.
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