Rs 200-crore bogus billing, pretend tax bill rip-off busted in Ludhiana
Ludhiana, September 22
The anti-evasion wing of the Central Items and Providers Tax (CGST) Commissionerate, Ludhiana, on Thursday claimed to have busted one other bogus billing and pretend tax bill rip-off amounting to round Rs 200 crore. An area dealer, Ram, alias Raman Chaggar, was the tenth particular person to be arrested within the case on Thursday.
Officers assaulted throughout latest raid
Dealer Yashpal Mehta, believed to be the kingpin within the case, continues to be at massive
He was additionally booked for assaulting Central Items and Providers Tax officers throughout a latest raid at his home, mentioned sources.
These sleuths had been allegedly held captive, assaulted and their automobiles had been vandalised on September 12.
“Ram is expounded to a different dealer, Yashpal Mehta, who’s believed to be the kingpin within the case. The previous is the tenth accused to be arrested for inflicting Rs 200-crore losses to the state exchequer,” the CGST Commissionerate mentioned.
Mehta, who continues to be at massive, was additionally booked for assaulting CGST officers throughout a latest raid at his home, mentioned sources.
They mentioned preliminary investigations had revealed that Ram alone had triggered a lack of over Rs 12 crore to the state exchequer by fraudulently availing the Enter Tax Credit score (ITC) by means of pretend invoices issued by not less than seven bogus corporations.
“The important thing accused was repeatedly evading summons. After being confronted with corroboratory proof, he admitted that there was no motion of products from his corporations, which he mentioned had been created solely to avail and go on the ITC fraudulently on the energy of bogus invoices in connivance with Yashpal Mehta,” mentioned a supply.
The probe to this point additionally laid naked that the arrested accused helped and abetted in fraudulently availing and passing on ITC to the tune of Rs 12.3 crore by means of his seven corporations. “He has defrauded the state exchequer of over Rs 12 crore,” mentioned the supply.
The accused was produced in an area courtroom, which remanded in a 14-day judicial custody.
Moreover Ram, one other native dealer, Gurbax Lal, alias Joyful Nagpal, had additionally been arrested within the case.
Additional investigation within the matter is underway.
On September 12, CGST sleuths had been held captive, assaulted and their automobiles had been vandalised throughout a raid at Mehta’s home right here.
On the criticism of the CGST officers, who had been rescued by the police, a case of assault, legal intimidation and obstructing public servants from discharging official obligation was registered in opposition to Mehta, his daughters-in-law Alka Mehta and Shakumbra Mehta, his daughter and their unknown accomplices.