Quick Summary
In the ensuing initiative to counter the menace of fake billing operations, the officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi North, on the basis of intelligence developed through extensive data analytics, have unearthed a network of fictitious firms to generate goods-less invoices and pass-on fake Input Tax Credit to multiple beneficiaries. In all, four individuals were arrested in three different cases in terms of Section 69(1) of the CGST Act, 2017 for commission of
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FAQ :
Four individuals were arrested by CGST Delhi officials in three different cases.
The total Input Tax Credit (ITC) involved in the three cases amounts to Rs 178 crore.
The perpetrators created fictitious firms to issue goods-less invoices and pass on fake ITC, sometimes also claiming IGST refunds on exports.
Shri Vikas Goyal and Shri Gopal Aggarwal were arrested in the first case for their involvement in running a network of fake firms.
All the accused have been remanded to 14 days of judicial custody by the Metropolitan Magistrate.
Since the inception of GST, Central Tax, Delhi Zone has made 25 arrests in cases involving GST evasion exceeding Rs 3,969.65 crore.
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