CGST Commissionerate, Gurugram arrest Three persons for committing offences under CGST Act

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....GST Commissionerate, Gurugram arrest Three persons for committing offences under CGST Act <br>GST<br>Dated:- 25-7-2019<br><BR>CGST Commissionerate, Gurugram, Haryana has arrested three persons namely, Sh. Sh. Anil Kumar, S/o Sh. Balwan Singh, R/o VPO Jevra, Tehsil Barwala, Dist.- Hisar, Haryana, Sh.Bhikaram, S/o Sh. Babu Ram, R/o 415, Gali No. 28 C-1 Block, KhajuriKhas, Delhi-110094 and Sh. Kuldee....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....p Sharma, S/o Sh. Ramesh Sharma, R/o Gali No. 4, Kakroi Road, Sonipat Haryana. During investigating, it was found that they have created bogus firm in the name of M/s Palak International, Shop. No. 11, Maliyan Market, Sohna, Gurugram, Haryana on the fake documents of a person namely Sh. Jitender for the purpose of issuing numerous fake invoices without any concomitant movement of goods for such tr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ansactions thereby proving wrongful availment and utilization of fake Input Tax Credit. The firm, M/s Palak International, created by the said three persons issued invoices worth &#8377; 31 Crores(approx.) with a GST components of &#8377; 5.70 Crores and during the investigation, they have agreed to the same. The said firm has passed on fraudulent Input Tax Credit of &#8377; 5.70 Crores to the var....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ious buyers who have availed the same to discharge their GST liabilities against their outward supply with an ulterior motive to defraud the Government Exchequer. Thus, Sh. Anil Kumar, Sh. Bhikaram and Sh. Kuldeep Sharma have committed an offence under Section 132 (1)(b) & (c) of CGST Act, 2017 which is punishable under Section 132(1) (i) &(ii) of the act ibid and therefore the offence is Cognizab....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....le and non-bailable under Section 132(5) of CGST Act, 2017 and liable to arrest under Section 69 of the act ibid. Consequently, Sh. Anil Kumar, Sh. Bhikaram and Sh. Kuldeep Sharma were arrested on 23.07.2019 under Section 69(1) of CGST Act, 2017, following which all the accused persons were produced before the Hon'ble Judicial Magistrate, 1st Class, Gurgugram, Haryana at his residence who remand....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed Sh. Anil Kumar, Sh. Bhikaram and Sh. Kuldeep Sharma to judicial custody of 14 days on 23.07.2019. During the investigation conducted so far, the GST & Central Tax, Gurugram, Haryana has recovered an amount of &#8377; 3 Crores (approximately) towards the GST evaded. Further investigations in the matter are in progress.<BR> News - Press release - PIB....