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HomeCrimeBengaluru: Commercial Tax officials unearth Rs. 203 crore fake GST invoice scam, three arrested

Bengaluru: Commercial Tax officials unearth Rs. 203 crore fake GST invoice scam, three arrested

On Tuesday, the officials of Karnataka Commercial Taxes Department has conducted a raid on a cartel who were allegedly issuing bogus GST invoices. According to the officials, the raid on these fake GST cartel had resulted in uncovering a scam worth Rs 203 crores.

As per a statement issued by Commercial Taxes Department of the Karnataka Government, a person named Vikram Jeet Duggal had obtained 14 GST registrations in the name of their relatives and other people and were issuing fake GST invoices without the supply of Goods and Services. The Commercial Tax officials said that the accused was running an office in his residence where they were generating invoices and e-way bills.

The tax officials based on the specific intel raided his office under the supervision of Additional Commissioner, Nitesh Patil. The officials raided Duggal’s office on September 25th, found documents relating to the 14 firms and the Enforcement Wing also seized two laptops, 1 mobile phone, diaries and other documents for further investigation. The accused was found in possession of username and password of all the 14 firms, the officials confirmed.

Detailed press release on raids
Press release by Commercial Tax Department

Detailed press release on raids
Press release by the Commercial Tax Department

Along with the accused Vikram Jeet Duggal, two others Ashfaq Ahamed and Nayaz Ahmed have also been arrested by the Enforcement wing. The officials said all the three arrested will be produced before the Special Court for Economic Offences.

The Commissioner of Commercial Taxes, Srikar M S warned of strict action not only against all the dealers who are indulging in these types of scams but also against people who are purchasing these bogus invoices for a certain percentage of commission. He also said that more than 50 raids have been conducted recently against dealers who run fake GST bill trading and invoices.

 

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