The officers CGST Palghar Commissionerate have busted a fake invoice racket that involved availment and passing of ineligible ITC to tune of Rs. 18.66 Crore.
Reetu | Sep 18, 2023 |
CGST and Excise Department busted Fake GST Invoice Racket of Rs.18.66 Crore; One Person Arrested
The Officers of Investigation Wing of CGST Palghar Commissionerate, Mumbai Zone have busted a fake invoice racket that involved availment and passing of ineligible ITC to the tune of Rs.18.66 Crore. Mr. Dhiren Chandrakant Shah was arrested on 15.09.2023 in this regard.
Based on specific intelligence, an investigation was launched against Mr. Dhiren Chandrakant Shah, proprietor of M/s. Archana Impex. Mr. Shah responded to the summons by presenting himself for the recording of the statement.
In his statement he revealed that he had opened a company Archana Impex & M/s. Archana Enterprises on the instructions of Sh. Pravin Devichand Rajawat.
Mr. Shah has passed on ineligible ITC amounting to Rs.8.80 Cr and availed ITC amounting to Rs.9.86 Cr on the strength of fake invoices without supply of goods and / or services.
Mr. Dhiren Chandrakant Shah was arrested on September 15, 2023 under the provisions of Section 69 of the CGST Act, 2017 for violating Section 132 of the CGST Act, 2017.
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