Quick Summary
The Assam State GST (AGST) Department has arrested Ishak Ahmed, Director of Khushi Digital Payment Private Limited, for allegedly evading taxes worth Rs 25 crore through fake billing and fraudulent Input Tax Credit (ITC) claims. Acting on directives from the Guwahati Head Office, the Silchar unit o
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FAQ :
Ishak Ahmed, Director of Khushi Digital Payment Private Limited, was arrested by the Assam State GST Department.
The alleged tax evasion amounts to approximately ₹25 crore.
The scam involved the generation of fake invoices and the fraudulent claiming and distribution of Input Tax Credit (ITC) without any actual movement of goods or services.
Ahmed allegedly facilitated fraudulent ITC claims totalling ₹15 crore and passed on an additional ₹10 crore in fake credits to firms in other states.
The raid was conducted by the Silchar unit of the AGST Department on June 14 at the company's premises in Pailapool, Lakhipur.
Further investigations are underway to trace the beneficiaries of the fake ITC in other states and determine the full scale of the tax evasion network.
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