GST Evasion of Rs. 357 crore busted; Gang leader Manoj Mishra arrested

The Central Goods and Services Tax (CGST) Commissionerate’s Anti-Evasion Branch busted a gang engaging in e-billing fraud and arrested mastermind Manoj Mishra.

Fraudsters have evaded Rs. 357 crore in taxes by generating phoney bills for Rs. 1,989 crore. The entire gang was carried out with the assistance of 91 fictitious companies. Manoj Mishra has been arrested by the CGST team.

During the investigation, GST officials discovered that a huge number of companies are registered with the same mobile number and are evading GST. People who engaged in the fraud created bogus invoices and bills that did not include the goods.

Following the discovery of such rigging, CGST formed various teams and raided 27 locations at the same time. During the raid, plenty of documents were recovered.

According to the investigation, the recipients of these 91 bogus companies deposited Rs. 47 crore in the bank accounts of mastermind Manoj Mishra. Through fraudulent billing, these 91 companies generated Rs. 1,989 crore in bills, of which Rs. 357 crore was passed as tax.

This money was transferred to mastermind Manoj Mishra’s bank account. After the entire scenario was revealed, it is now being determined who else was involved in this fraud.