Ahmedabad: DGGI arrests six for Rs 1,703cr fake billing racket
Some 306 GST identification numbers (GSTINs) were used to carry out fake billing transactions.
In a major action by the Directorate General of GST Intelligence (DGGI) Ahmedabad zonal unit, six persons were arrested in the past week for their involvement in fake billings.
The accused were involved in floating bogus companies using fraudulently obtained GST registrations and using their bills to avail input tax credit illegally.
The case involves fake billing of Rs 1,703 crore and an evasion of Rs 283.88 crore, according to DGGI Ahmedabad zonal unit.
Those arrested are Sojebabbas Mohsinali Bhimani, Zahirabbas Mazharbhai Vakaliya and Pathan Fejalkhan Firozkhan from Ahmedabad in addition to Ashish Kotecha, Jay Patel and Sanja Gojariya from Rajkot.
Some 306 GST identification numbers (GSTINs) were used to carry out fake billing transactions.
The department has seized incriminating documents both physical and digital in addition to 26 cheque books and 39 debit and credit cards as well as 13 mobile phones, two laptops, three portable hard drives and 13 rubber stamps. Cash recovery of Rs 4.85 crore was also made .
