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

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

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

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

The Central Items and Providers Tax (CGST) Commissionerate’s Anti-Evasion Department busted a gang participating in e-billing fraud and arrested mastermind Manoj Mishra.

Fraudsters have evaded Rs. 357 crore in taxes by producing phoney payments for Rs. 1,989 crore. Your entire gang was carried out with the help of 91 fictitious firms. Manoj Mishra has been arrested by the CGST group.

Throughout the investigation, GST officers found that a large variety of firms are registered with the identical cellular quantity and are evading GST. Individuals who engaged within the fraud created bogus invoices and payments that didn’t embody the products.

Following the invention of such rigging, CGST shaped varied groups and raided 27 areas on the similar time. Through the raid, loads of paperwork have been recovered.

In response to the investigation, the recipients of those 91 bogus firms deposited Rs. 47 crore within the financial institution accounts of mastermind Manoj Mishra. Via fraudulent billing, these 91 firms generated Rs. 1,989 crore in payments, of which Rs. 357 crore was handed as tax.

This cash was transferred to mastermind Manoj Mishra’s checking account. After the whole situation was revealed, it’s now being decided who else was concerned on this fraud.

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