Ahmedabad: The enforcement branch of the State Goods and Services Tax (GST) department has unearthed a bogus billing scam
for edible and non-edible oil to the tune of Rs 1,000 crore. After
conducting more than 100 raids on commercial establishments across
Deesa, Gondal and Unjha during the period from June to September, the
state GST
department learnt that fake invoices citing
amounts to the tune of Rs 1,000 crore were generated by the culprits, in a bid to evade paying taxes and still taking the benefit of input tax credit (ITC). ITC benefit worth Rs 58 crore has been illegally claimed by several culprits.
Some six persons namely Vimal Bhut, Anil Bhut and Ravikumar Vaja from Gondal; Mehulkumar Thakkar from Deesa and Mayur Thakkar and Amit Thakkar from Unjha, were arrested by the state GST department and produced before the metropolitan court on Monday and were later given judicial custody.
Explaining the modus operandi during a press conference on Monday, Ajay Kumar, special commissioner, state commercial tax department, said, “To avail ITC benefit, bills for purchase and sales need to be produced. The culprits purchased rice bran oil from states such as Andhra Pradesh and Telangana at a premium and sold them without bill in other states such as Maharashtra and South Gujarat without bill. The purchase bills were later distributed to unregistered dealers who typically sell oil without bills and claim ITC benefit illegally.”
Offences have been registered against the culprits under section 132(1) of the GST Act, which is a cognizable and non-bailable offence. “Several irregularities under the value added tax (VAT) regime have also surfaced against these culprits. In the next stage, we will investigate the traders who have purchased bogus bill to claim ITC benefit illegally and take appropriate action.”
amounts to the tune of Rs 1,000 crore were generated by the culprits, in a bid to evade paying taxes and still taking the benefit of input tax credit (ITC). ITC benefit worth Rs 58 crore has been illegally claimed by several culprits.
Some six persons namely Vimal Bhut, Anil Bhut and Ravikumar Vaja from Gondal; Mehulkumar Thakkar from Deesa and Mayur Thakkar and Amit Thakkar from Unjha, were arrested by the state GST department and produced before the metropolitan court on Monday and were later given judicial custody.
Explaining the modus operandi during a press conference on Monday, Ajay Kumar, special commissioner, state commercial tax department, said, “To avail ITC benefit, bills for purchase and sales need to be produced. The culprits purchased rice bran oil from states such as Andhra Pradesh and Telangana at a premium and sold them without bill in other states such as Maharashtra and South Gujarat without bill. The purchase bills were later distributed to unregistered dealers who typically sell oil without bills and claim ITC benefit illegally.”
Offences have been registered against the culprits under section 132(1) of the GST Act, which is a cognizable and non-bailable offence. “Several irregularities under the value added tax (VAT) regime have also surfaced against these culprits. In the next stage, we will investigate the traders who have purchased bogus bill to claim ITC benefit illegally and take appropriate action.”
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