GST Investigations at Peak, 2 More Arrested for ITC Fraud


The Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have arrested Sh. Naveen Bansal against utilization and passing on of inadmissible Input Tax Credit (ITC) through goods less invoices of Rs 9 crore (approx).

Further, the officers of CGST Delhi North Commissionerate have arrested Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees. Sales were created by him for the issuance of goods-less invoices for items like butter/ghee/oil and passed on inadmissible ITC of Rs 94 crore (approx.) to a total of five fake firm.

Both accused have been sent to 14 days judicial custody by the duty Magistrate. Further investigation is under process.

Click here for official release:

Knowledge Source:

Flawed GST is the Reason of ITC Frauds : CAG

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