Fraudulent Issuance of Input Tax Credit Invoices

Press Release

Central GST Delhi West Cornmissionerate arrested two Rohini based businessmen on 01.08.2018 in a

case of fraudulent issuance of Input Tax Credit invoices without actual supply of goods involving evasion of approximately Rs. 201 crores relating to plastic granule industry.

ii) Searches were conducted at several places during which various incriminating documents and evidences were found. During investigation it was revealed that the businessmen had floated multiple entities for issuing such fake invoices. Both of them were arrested under Section 69(1) of the CGST Act,2017 and produced before the Hon’ble Metropolitan Magistrate, Patiala House

iii) Further investigations are underway and the quantum of evasion is likely to go up. Officers are not ruling out the possibility of existence of several other fake firms as the investigation moves ahead.

(Krishna A. Mishra) Commissioner,
Central GST Delhi West

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