Quick Summary
The Uttar Pradesh State Tax Department has busted a Rs 51.74 crore GST fraud in the state capital, Lucknow. Two traders have been accused of creating bogus firms to fraudulently claim input tax credits (ITC) on fake invoices, officials confirmed on Saturday. According to the department, two separate FIRs have been lodged at Vibhuti Khand and Bijnor police stations following formal complaints from state tax officials earlier this week. The crackdown is part of the state's ongoing campaign agains
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN - Rs.1999
1799
(Excl. of GST ₹323)
2 Years PLAN - Rs.3499
3149
(Excl. of GST ₹566)
BEST VALUE
3 Years PLAN - Rs.4999
4499
(Excl. of GST ₹809)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The total GST evasion busted in Lucknow amounts to Rs 51.74 crore.
The evasion was carried out by two traders who created fake firms using forged documents and then fraudulently claimed input tax credits on fake invoices.
One fake firm was HK Impax, registered by trader Haseeb Khan, and the other was Sun Enterprises, registered by trader Suvendu. The total fraudulent claims were approximately Rs 25 crore for HK Impax and Rs 26.74 crore for Sun Enterprises.
Two separate FIRs have been lodged at Vibhuti Khand and Bijnor police stations, and the traders have been booked under relevant provisions of the GST Act and the Indian Penal Code.
Yes, this crackdown is part of the state's ongoing campaign against fake GST registrations and shell firms, with a zero-tolerance policy towards tax evasion.
All documents submitted during the registration process, including ID proofs and bills, are currently under forensic and administrative review.
CAclubindia
