GST Fraud Uncovered: Rajasthan Duo Accused Of Evading Rs 496 Crore In Taxes
GST Fraud Uncovered: Rajasthan Duo Accused Of Evading Rs 496 Crore In Taxes
A massive Goods and Services Tax (GST) fraud has been uncovered, with two individuals from Rajasthan accused of evading taxes worth Rs 496.27 crore. The accused, Dinesh Kumar and Virendra Kumar, allegedly registered 54 bogus firms across seven states to forge documents and claim input tax credits.
The Directorate General of GST Intelligence (DGGI) Pune zonal unit, had arrested the duo earlier this year, with Dinesh Kumar being taken into custody in May and Virendra Kumar in September. Although they were released on bail after chargesheets were filed against them, the Koregaon Park police have now booked them under charges of criminal conspiracy, cheating, and forgery.
According to investigators, the accused used fake Aadhaar and PAN cards to open bank accounts and register the bogus firms. They then used these firms to claim input tax credits, thereby evading GST worth Rs 496.27 crore between December 2020 and August 2024. The states affected by this scam include Maharashtra, Goa, Karnataka, Rajasthan, Kerala, Telangana, and Tamil Nadu.
The police have transferred the probe to the Economic Offences Wing, citing the widespread nature of the crime. As the investigation continues, it remains to be seen how many more individuals will be implicated in this massive GST fraud.
