The Directorate General of GST Intelligence (DGGI) has arrested a Chartered Accountant through rigorous IP address analysis in ITC Fraud of Rs. 140 Crore.
Reetu | Oct 13, 2023 |
CA involved in ITC Fraud of Rs. 140 Crore apprehended by DGGI Gurugram via tracking IP address
The Directorate General of GST Intelligence (DGGI) has apprehended a Chartered Accountant involved in Input Tax Credit (ITC) Fraud of Rs. 140 Crore.
In a newsletter, CBIC Chairman, Sanjay Kumar Agarwal shed light on this issue of fraud currently taking place in GST via various anonymous methods.
CBIC Chairman said in the Newsletter:
The vigil of the Customs officers at ICD Patparganj led to the seizure of 18 metric tonnes of poppyseed being illegally imported in the guise of plastics and paper rolls.
On the GST side, DGGI Gurugram Zonal Unit developed intelligence through rigorous IP address analysis and apprehended a Chartered Accountant involved in managing about 270 fake entities which have fraudulently availed Input Tax Credit to the tune of Rs. 140 Crore. Bravo!
Earlier, DGGI busted Fake GST Bill Racket worth Rs.1,000 crore and a gang was arrested by the team who ran a racket to assist enterprises, particularly those in the metal and scrap industries, in obtaining input tax credit (ITC).
DGGI investigation indicated that around 160 firms were formed using documents obtained fraudulently from people by offering to assist them in obtaining government COVID relief or employment.
Source
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