GST Scam: Two Held After GST Intelligence Detects Fraud of Rs 141 Crore in Chhattisgarh
"The firm in its records, has shown that it had purchased row material of Rs 141 crore from 12 Odisha-based companies that actually don't exist," the official said.
Raipur, February 20: The Directorate General of Goods and Services Tax Intelligence in Chhattisgarh has detected a fraud of Rs 141 crore, said officials. Two persons have also been arrested in this connection. Central GST and Excise department of Raipur has unearthed the scam. "The proprietor of Shyam Sales Corporation Aayush Garg and his partner Santosh Agrawal were taken into custody. The firm deals in iron products," said an official.
"The firm in its records, has shown that it had purchased row material of Rs 141 crore from 12 Odisha-based companies that actually don't exist," the official said. "On the pretext of such fake purchases, the company has committed a misappropriation of Rs 21 crore tax money". Anupam Kher's The Accidental Prime Minister Director Arrested For GST Fraud; Will This Affect The Movie?
Moreover, the investigation revealed that among the vehicles that were shown as used to fetch the material, many were two-wheelers and had not even passed the toll points that were mentioned in the records. After registering a case, police produced the accused before the court from where they were sent to two days judicial custody.
(The above story first appeared on LatestLY on Feb 20, 2019 07:29 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).