Quick Summary
A businessman in Uttarakhands Haridwar district has been sentenced to five years in jail for an input tax credit fraud of ₹17 crore. The states Goods and Services Tax department said this was the first conviction for GST evasion in Uttarakhand. Businessman Surendra Singh has been convicted by the chief judicial magistrate Mukesh Chandra Arya under the Uttarakhand Goods and Services Tax Act, 2017 for producing fake bills to claim input tax credit to the tune of ₹17.01 crore. Singh was arrest
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FAQ :
The businessman was sentenced to five years in jail.
The fraud involved ₹17.01 crore in input tax credit.
Yes, the state's Goods and Services Tax department confirmed this is the first conviction for GST evasion in Uttarakhand.
He produced fake bills and claimed input tax credit by showing fake transactions for the supply of goods to fictitious firms, which did not exist.
He registered six firms in his name and his family members' names for manpower supply, but investigations revealed they were involved in trading other items and some were non-functional.
He availed input tax credit for firms registered in Uttar Pradesh, Delhi, and Haryana.
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