DGGI Surat arrests accused after finding Incriminating Material in Fake ITC Claim Case

The Directorate General of GST Intelligence (DGGI) recently apprehended the suspects in the Surat fake Input Tax Credit (ITC) claim case.

A particular information that the accused’s firm is involved in the illegal activity of obtaining Input Tax Credit on the basis of bills issued by fake companies, resulting in unlawful ITC utilisation.

The inquiry uncovered a network of more than 05 fake/bogus/non-existent firms in Surat, Gujarat, that were reportedly engaged in the creation and distribution of fraudulent ITC.

According to the suspects, the transaction was made through brokers. However, it was also claimed that no brokerage was received. Furthermore, the accused could establish the presence of any such brokers during the inquiry.

In his arrest, production, and remand application statement, the Investigating Officer stated that the submissions made by the accused and another raised reasons to think that the broker narrative described by him would be an effort to mislead the investigation. Because there is no business contract or connection between the company and the brokers, the Investigating Officer believes that no such brokers exist.

The arrested accused was produced in before Court.