One arrested by DGGI Gurugram officials for fraudulently availing Input Tax Credit of more than 16 crore

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ne arrested by DGGI Gurugram officials for fraudulently availing Input Tax Credit of more than 16 crore <br>GST<br>Dated:- 11-4-2022<br><BR>The Directorate General of GST Intelligence (DGGI) Gurugram ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Zonal Unit (GU), Gurugram, has unearthed a case wherein a series of entities controlled by a person as Proprietor / Director of M/s Umang Overseas, M/s Ulagarsan Impex Put Ltd and M/s Umang Impex Priv....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ate Limited, was found to be involved in availing and passing fraudulent Input Tax Credit (ITC) of Rs 16.74 crore without receipt of goods from different fake, suspended and non-existent firms. A sea....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rch was conducted at various premises on 04.04.2022. During the search, many pen drives, rubber stamps of different firms, documents/ records were resumed and the same are being investigated for estim....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ation of duty evasion. The key person involved in availment and passing of fraudulent ITC was arrested on 05.04.2022 and produced before the Chief Metropolitan Magistrate, Patiala House Court on 05.0....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....4.2022 and ordered judicial custody for 14 days. Further investigation in the matter is under progress.<BR> News - Press release - PIB....