Central GST Delhi West Commissionerate arrested two Rohini based businessmen here in Delhi in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately ₹ 201 crore relating to Plastic Granule Industry.

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 Metropolitan Magistrate, Patiala House in national capital.

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.

Fraudulent Input Tax Credit issuance sparks arrests and expanding probe into fake invoice networks and tax evasion. Alleged fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply in the Plastic Granule industry led to searches that recovered incriminating documents, the identification of multiple entities issuing fake invoices, and an estimated tax evasion of approximately Rs. 201 crore; two businessmen were arrested under Section 69(1) of the CGST Act, 2017 and produced before the Metropolitan Magistrate while investigations continue.