Sleuths from Raipur Zonal Unit (RZU) of Directorate General of Goods and Services Tax Intelligence (DGGI), arrested an accused in an ongoing investigation against fake GST Input Tax Credit (ITC) racket. The accused was produced in a local court here on Saturday from where was sent to jail under Judicial Custody Remand (JCR). According to official sources, in the past, the officers of the same unit arrested two partners i.e. Ayush Garg and Santosh Aggarwal in February 2019, exposing the widespread scam of GST (ITC) engaged in production of fake bills by their firm M/s Shree Shyam Sales Corporation, Raipur.

 

“Initially, the said firm had shown trade of steel items like TMT, Channels etc. from 12 fake and physically non-existent institutions of Odisha, worth Rs 161 crore involving GST of Rs 21 crore and had further passed to various firms. The advancements in the same investigation has now revealed that they have issued fake bills worth Rs 651 crore, involving GST of about Rs 108 crore,” the recalled. Sources further said, in this episode, the name of M/s Barbarik Enterprises of Raipur came out, which had availed GST ITC to the tune of Rs 6.25 crore on the basis of fake bills issued by M/s Shree Shyam Sales Corporation.

 

On further scrutiny of purchase invoices, it is revealed that the vehicles through which the transport of the goods is consigned, in fact, are mostly two-wheelers or non-commercial and small vehicles with low transport capacity. During the investigation itself, Akhil Aggarwal of M/s Barbarik Enterprises has confessed and admitted to have availed wrong GST ITC of about Rs 6.25 crore. Accordingly, the sleuths of GST Intelligence, Raipur on Saturday arrested Akhil Aggarwal and presented him before the Chief Judicial Magistrate from where he was sent to jail for 14 days JCR.