2025 (10) TMI 1071

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..... 3. The case emanates from an F.I.R. lodged by Inspector Sourav Kumar Pandey (Anti Evasion), CGST & CX Itanagar Commissionerate on 03.10.2024 alleging that a firm, namely, M/S Siddhi Vinayak Trade Merchants (GSTIN: 12OZYPS8590C1ZC), had fraudulently obtained a GST ID using a forged rent agreement with a fake seal of the Judicial Magistrate First Class Changlang, along with other forged documents, including Aadhar Card, PAN Card and electricity bill. The fictitious firm allegedly raised fake invoices amounting to approximately Rs. 658.25 Crores, thereby defrauding the government exchequer of about Rs. 99.31 Crores. Accordingly, the aforesaid case, being Itanagar P.S. Case No. 182/2024, under Sections 120B/420/467/ 468/471/473/474 of the ....

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....he applicant as soon as came to know about the case had joined the investigation. The allegation in the case pertains to the offence alleged to have committed by Shri Ashutosh Kumar Jha and his associates of which the applicant is unaware of. He submits that the applicant apprehends that he might be arrested in the aforesaid case as according to the police the applicant has some connection with said Ashutosh Kumar Jha. He further submits that the applicant has already appeared before the Investigating Officer, cooperating with the investigation, and he has no criminal antecedents and therefore, he prays that the accused/applicant may be granted with the privilege of pre-arrest bail. 8. Ms. L. Hage, learned Additional Public Prosecutor fo....

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....rd, and electricity bills. Through the said firm, fake Input Tax Credits worth Rs. 199.31 Crores were passed to 58 firms across 11 (eleven) States using fabricated invoices totalling Rs. 658.88 Crores. Statements of CGST officers and other witnesses corroborate the complaint, and replies to statutory notices confirm the forgery. Bank and call records implicate Ashutosh Jha and his associates, with large sums traced through accounts linked to them. Investigation has further revealed a wider conspiracy involving several fictitious firms created to facilitate fraudulent ITC transactions, and the main accused- Shri Ashutosh Kumar Jha has already been arrested and subsequently released on bail on the ground that the police has failed to file cha....