Tag: Gst Fraud

GST Fraud
GST Fraud Worth Over Rs 2000 Cr Busted In Odisha, 2 Arrested

The Police officials on Thursday busted a huge GST fraud racket that was operating in many states including Odisha and was involved in a multi crore Rupees scam

  • Thursday, 02 September 2021
GST Fraud
Bhubaneswar Scrap Dealer Arrested For Rs 10 Cr GST Fraud

A joint team of police and GST officials on Monday arrested a man for allegedly creating fictitious firms and committing Input Tax Credit (ITC) fraud to the tune of Rs 10 crore in the capital city.

  • Monday, 28 June 2021
Sensex flat, Manpasand hits lower circuit again

Mumbai: Sensex traded on a flat note after opening in the green on Tuesday. Manpasand Beverages hit lower circuit again on Tuesday for the second consecutive day, plunging by 20 pet cent or Rs 17.60 to 70.40 over its MD and CFO’s arrest facing allegations of GST fraud. The trading in a particular stock and even […]

  • Friday, 30 April 2021
Odisha businessman arrested for Rs 12.84 crore-GST evasion

Cuttack: A Titlagarh-based trader has been arrested for evading Rs 12.84 crore Goods and Services Tax (GST). Senior GST officials in Cuttack informed that the accused trader Tirthankar Patel, owner of Sai International Mines and Minerals, has been arrested following a detailed probe. As per reports, Patel had shown purchases worth nearly Rs 84 crore […]

  • Tuesday, 27 April 2021
GST Fraud Worth Rs 138 Crore Unearthed In Odisha, 4 Arrested

Cuttack: Tax authorities in Odisha on Friday claimed to have unearthed a Rs 138 crore GST fraud, and arrested at least four persons for being part of a racket that created fictitious firms and fake invoices. Investigations revealed that between August 2018 and September 2019, the fictitious firms used fake invoices and made purchases of […]

  • Saturday, 24 April 2021
CGST Unearths Rs 241 Cr GST Fraud

New Delhi: The anti-evasion wing of the Central Goods and Service Tax (CGST), Delhi South Commissionerate, has unearthed a Rs 241 crore goods and services tax (GST) evasion through fake invoicing, according to an official statement here on Thursday. Over 120 entities involved in Rs 1,600 crore transactions through fake invoicing have been identified. The […]

  • Wednesday, 21 April 2021
GST Evasion Over Rs 100 Crore Unearthed In Odisha, 2 Arrested

Rourkela: A major racket involved in Goods and Services Tax (GST) evasion was unearthed in Odisha with the arrest of two businessmen from Rourkela on Thursday. The accused have been identified as Amit Beriwal and Subhash Swain. GST Commissioner, Sushil Kumar Lohani informed that both Amit and Subhash had created a network and generated invoices […]

  • Tuesday, 20 April 2021
GST Fraud Involving Rs 294 Crore Fake Invoices Busted In Odisha

Bhubaneswar: The enforcement wing of the Commissionerate of GST and Commercial Tax on Thursday busted a major fraud in which fake invoices to the tune of Rs 294 were generated by 11 dealers in Bhubaneswar to evade GST. Two persons- Pramod Sahu and Vikash Sarogi have been arrested on the charges of generating fake invoices […]

  • Sunday, 18 April 2021
Fake GST Invoice Of Rs 712 Crore In Odisha: Racket Busted, Kingpin Arrested

Bhubaneswar: The GST Enforcement Squad in Odisha on Monday busted a racket involved in generating fake invoices worth Rs 712 crore and passing bogus Input Tax Credit (ITC) of Rs 129 crore over multiple transactions routed through different chains. The Squad also arrested the kingpin of the racket, Kashmira Kumar Agrawal, Director of Madhumita Steels […]

  • Tuesday, 13 April 2021
Odisha: Delivery Boy Gets Summon Notice For Rs 10 Lakh GST Fraud!
Rs 42 Crore GST Fraud Unearthed In Odisha!

Rourkela: In yet another incident of alleged multi-crore tax evasion, a GST fraud of Rs 42 crore has been reported from the Steel City on Friday. Allegations of fraudulent activities pertaining to evasion of taxes have been reported in bank accounts of as many as 18 people in the city. But shockingly, most of the […]

  • Saturday, 10 April 2021
Rourkela Driver Served Notice By GST Dept Over Rs 28 Crore Tax Fraud, Accused Denies Charges

Rourkela: A man residing in the Sector-20 area here has been charged with gross tax liability under Section 74(5) for allegedly receiving taxable goods amounting to Rs 23.96 crore and further availing Rs 4.31 crore under CGST and SGST on the strength of fake invoice. The Good and service tax (GST) department has served a […]

  • Saturday, 10 April 2021
Odisha: Pipefitter Summoned In Tax Evasion Of Rs 70 Crore

Rourkela: In another alleged tax evasion case in Rourkela, a pipefitter living at Haripur Basti under Basanti Colony area of the steel city has been summoned by the CT and GST Enforcement Range, Sambalpur over a reported tax fraud of Rs 70 crore. The notice which referred the man, Samir Jojo as the proprietor of […]

  • Saturday, 10 April 2021
GST fraud
GST Fraud Worth Over Rs 1 Lakh Unearthed In Bolangir

Bolangir: In yet another instance of alleged tax evasion, a Goods and Services Tax (GST) fraud to the tune of Rs 1 lakh was reported under Saintala police limits of Bolangir district. The fraud was allegedly committed by one Rabindra Bhoi of Ghantamal village in the district. However, Bhoi pleaded his innocence about the tax […]

  • Friday, 09 April 2021
Odisha: Delivery Boy Gets Summon Notice For Rs 10 Lakh GST Fraud!
Odisha: Delivery Boy Gets Summon Notice For Rs 10 Lakh GST Fraud!

Rourkela: In yet another instance of GST fraud in the Steel City of Rourkela, a delivery agent working with a private company received a summon notice for alleged tax fraud worth a whopping Rs 10 lakh. Preliminary investigations reveal that a fake company, Manorama Trading, was set up in the name of the delivery agent […]

  • Friday, 09 April 2021
Daily wager victimised in Rs 1.5 cr GST fraud

Paradip: Some miscreants allegedly cheated government exchequer of around Rs 1.5 crore GST in the name of a daily wager in Paradip area of Jagatsinghpur district. The victim identified as Bigyan Swain of Pitambarpur in Jagatsinghpur feigned ignorance about the fraudulent transaction. “I am shocked to know that some miscreants have used my documents to […]

  • Thursday, 08 April 2021