27 Crore GST Fraud Unveiled in Aligarh
27 Crore GST Fraud Unveiled in Aligarh
The GST SIB team in Aligarh unfurled a huge scam after raiding the A-One Service firm that was being operated in the Swarn Jayanti Nagar apartment. The owner of the firm had shown a total sale of Rs. 27.10 crore, that too without any purchase. The investigation is in progress to get into the depth of the matter. The investigation team has seized all the documents and bills of the firm in order to ensure that not a single stone remains unflipped in the matter.
Some of the seized documents include:
- Computer systems and hard drives
- Invoices and GST bills
- Company letterheads
- Ledgers and digital entries
Once the documents are fully examined, tax evasion will be assessed and a penalty notice will be issued. GST SIB Additional Commissioner Anil Kumar Ram Tripathi is instructing and heading the whole investigation.
The firm has also been involved in transferring bogus ITC worth Rs 8.97 crore. The firm registered itself in the name of fruit products and showed business of iron steel with a high-risk score has been found.
The enforcement team stated, “It appears that claimants planned to vanish post-claims, leaving no trace of actual goods or services.”