Quick Summary
A 60-year-old businessman from Thane has reportedly been defrauded of Rs 4.5 crore in a sophisticated GST evasion scheme involving identity theft and misuse of company credentials, according to the police. Authorities have registered a case against an individual identified as Salman under sections 318(4) (cheating), 336 (forgery) and other relevant provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act. The accused allegedly impersonated a potential buyer and gained access
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
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The businessman was defrauded of Rs 4.5 crore in GST evasion.
An individual identified as Salman is accused of the fraud.
The accused allegedly impersonated a potential buyer and obtained the victim's company documents, GST number, and password.
The accused changed the registered email ID and mobile number on the GST portal and used forged documents to conduct transactions worth Rs 25 crore.
No arrests have been made so far, and investigations are ongoing.
The incident highlights the growing threat of cyber-enabled GST fraud and the importance of businesses securing their tax login information.
CAclubindia
