Man Arrested in Thane for Rs. 47.32 Crore GST Credit Fraud:

Thane GST officials busts Rs 47.32 crore fake ITC scam using internal intelligence tools. The accused is in 14-day judicial custody as the probe continues.
Man Arrested in Maharashtra for Using Fake Firms to Claim ITC

Man Arrested in Thane for Rs. 47.32 Crore GST Credit Fraud
A senior official on August 21, 2025, informed that a man has been arrested in Maharashtra (Thane District) for his alleged role in a Goods and Services Tax (GST) credit fraud worth Rs 47.32 crore. As per the release by the Thane commissionerate of Central GST, the case was investigated using internally developed intelligence and advanced data analysis tools, which declared that M/s KSM Enterprises, run by Vivek Rajesh Maurya, had fraudulently claimed and passed on ITC without any actual supply of goods or services.
Under the GST system, input tax credit (ITC) is a system that permits businesses to offset the tax they pay on their purchase against the tax they collect on outputs to prevent multiple taxation.
The CGST officials said that an investigation at Mr Maurya's residence led to the recovery of incriminating proof like bank passbooks, cheque books, mobile phones and other documents related to the fraudulent firms.
Mr Vivek Rajesh Maurya was arrested on August 19 and produced before a judicial magistrate, who remanded him in judicial custody for 14 days. The investigation is still in progress.
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2096My Recent Articles
- Pinarayi Vijayan Moves Supreme Court Challenging Kerala High Court Order to Register FIR in CMRL Alleged Bribery Case
- CBI Lays Trap in Srinagar, Arrests SMC Ward Officer Red-Handed While Allegedly Accepting Rs 10,000 Bribe
- NIIT Limited Discloses Income Tax Department’s Appeal Before Delhi ITAT, Says No Adverse Financial Impact Expected
- Fake WhatsApp Boss Dupes Company Accountant of Rs 40 Lakh; Surat Police Arrest Haryana Man in Cyber Fraud Case
- Uttarakhand Tax Department Detects Rs 2.5 Crore Tax Evasion at Ramnagar Resort
Up Next
Loading suggestions…








