Quick Summary
In one of the largest GST evasion scams uncovered in recent times, the Muzaffarnagar police have exposed a racket involving fake e-way bills, forged documents and shell firms, amounting to an estimatedRs 1,300 crore. Acting on a tip-off, police raided the JK Complex on Muzaffarnagar Road and arrest
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FAQ :
The estimated value of the GST evasion racket is Rs 1,300 crore (£1.3 billion).
The racket operated by preparing fraudulent GST bills, transport receipts, and e-way bills using shell companies and forged documents, without any actual movement of goods. These were used to fraudulently claim GST refunds.
Two men, Mohammad Nadeem Saifi and Mohammad Sameer, were arrested in connection with the scam.
Police seized laptops, printers, fake stamps, bogus weighbridge slips, and forged GST documents, including 120 files containing forged bills.
No, the same firm had previously been fined over Rs 1 crore for similar irregularities.
The GST department has launched a full-scale investigation and has requested one month to complete the probe.
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