DGGI Gurugram arrests one for fraudulently availing input tax credit of ₹ 8 crore

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..... DGGI Gurugram arrests one for fraudulently availing input tax credit of ₹ 8 crore - Goods and Services Tax - GST Dated:- 9-1-2021 - News - The Directorate General of GST Intelligence (DGGI) Gu .....

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..... rugram Zonal Unit (GZU), Haryana has arrested one Shri Sanjay Goel, resident of New Delhi on charges of illegally availing and passing on input tax credit (ITC) on goods-less invoices. On the basi .....

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..... s of the investigation conducted till date, that Shri Sanjay Goel, through his proprietorship concern M/s Redamancy world, showed purchase of lead ingots from non existent concerns using fraudulent .....

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..... invoices not backed by concomitant supply of goods, showing fake transporter records. In this way M/s Redamancy world had passed fraudulent ITC of Rs. 8,17,24,829 crore on invoices without accompany .....

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..... ing goods to various end users. The investigation spanned multiple locations in Delhi NCR area and based on documentary evidence and statements recorded, it was ascertained that Sanjay Goel was a k .....

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..... ey player in the network of fake companies and transporters. Accordingly, Shri Sanjay Goel was arrested on 08.01.2021 and produced before, Duty MM Delhi, who ordered judicial custody. A total fake .....

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..... ITC of more than ₹ 8 crore has been thus passed/availed by the accused. Further investigations in the matter are under progress. - News - Press release - PIB Tax Management India - taxmana .....

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..... gementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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