Quick Summary
The Mumbai Zonal Unit of the Directorate General of GST Intelligence, [DGGI-MZU], Central Board of Indirect Taxes Customs (CBIC), today (November 25, 2020), arrested three persons for having indulged in massive frauds involving the availment utilization, as well as passing on of ineligible Input Tax Credit (ITC) on the strength of bogus invoices. This has been stated in a press release issued bySeema Jere Bisht,Pr. Additional Director General, DGGI-MZU. Based on the investigation conducted
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FAQ :
Three individuals, Sachin Bhoruka, Mahesh Kinger, and Deepak Kumar Prajapati, were arrested by the DGGI Mumbai Zonal Unit for their involvement in large-scale GST frauds.
The total GST fraud involved amounts to over Rs 2350 crores across the cases investigated.
The fraud involved the availment, utilisation, and passing on of ineligible Input Tax Credit (ITC) based on bogus invoices, without any actual supply of goods or services.
The accused have been arrested under Section 69(1) of the CGST Act 2017 for committing offences under Section 132(1)(b) and 132(1)(c) of the Act.
All three accused have been remanded to judicial custody until December 7, 2020.
No, further investigation into the matter is currently in progress.
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