GST fraud by Accountant by issuing fake invoices of more than Rs. 1000 crores

Two suspects were detained today by the Sodala police station in Jaipur, among them Praveen Jangid, who is accused of running a violent GST scam. The mastermind behind using phoney bills from phoney companies to defraud people in the name of the GST is Praveen Jangid. Praveen had previously been detained by the Murlipura police station and the GST division.

The accused and his cohorts previously perpetrated a GST scam by deceiving a company worth Rs.1000 crore. According to DCP South Yogesh Goyal, the victim Ramavatar Meena filed a case on March 10, 2022, according to a court order. Meena revealed that her business is known as M/s Meena Steels. Prerna Sales Corporation, the accused company, has its registered office in Murlipura.

The GST portal’s report verified the CGST and SGST that the complainant had paid to the defendant, M/s Prerna Sales, in relation to the products that were acquired. Prior to the GST entry being mirrored on the GST portal, the CGST and SGST connected to the receipt of goods amount was paid separately.

The complainant learned that the accused firm M/s Prerna Sales Corporation, Proprietor Devaram had received the payment of CGST and SGST from the complainant’s firm from Rajendra Kumar Jain, Superintendent GST Office. However, the aforementioned sum was not knowingly paid to the relevant department. Devaram, the owner of the accused company M/s Prerna Sales Corporation, therefore purposefully defrauded the complainant’s enterprise.

On which it was discovered that accused Devaram himself had submitted his identification and photograph to accused Kailash Beniwal and Praveen Jangid in order to register Prerna Sales Corporation for GST and to register the aforementioned disputed firm. Devaram, together with the other accused Kailash Beniwal and Praveen Jangid, took the transaction of the aforementioned disputed firm and personally signed the bank account opening form, internet banking form, GST registration form, and other paperwork in Axis Bank. Devaram had full awareness of this.

Axis Bank created an account for the aforementioned contested entity by accepting a deposit. Devaram Jat, a 23-year-old inhabitant of Barmer, was taken into custody today by the Sodala police station after being identified as an accused. On the basis of his tip, the police detained Praveen Jangid, 28, and Kailash Beniwal, 24.