Gurgaon: Excise and tax departments have submitted cases of three fake companies to claim input tax credits illegally (ITC).
The company allegedly issued false receipts and bills for purchases between countries to claim ITCs worth several crores.
The department has filed a police complaint against four other fake companies on a similar charges early this week.
During a random examination in 2018, the department has found several differences in ITC which is claimed by this fake company.
Introductory investigations were carried out and the company owner was found to have mischieved credit incorrectly.
The request committee was formed in April 2018 and it handed over its report in February next year, showing that the company had used a fake receipt and return for the 2015-16 financial year.
Address details and contacts mentioned in the registration form are also false.
So, none of these companies can be traced.
Officials said three fake companies were Swastik Enterprise, owned by one Pradeep Sharma and had a registered address of Hayatpur Mod.
The second company is the Impex star, registered under one Mukesh Kumar Sharma and has his office in Gadoli.
OM International owned by one Oomprakash is the third in the list.
That mentioned the address as satyam plaza.
While Swatik claims ITC RS 46 Crore based on fake bills for plastic trading, memos, and hardware, the Stars Impex handed Fudged paper in auto parts, dry fruits, bread and cosmetic goods and applied to ITC worth Rs 79.7 Crore.
Similarly, OM International submits increased bills on auto parts, electronic goods, lubricants and batteries to claim ITC RS.
25.3 Crore for 2015-17 fiscal.
3 more Sham companies are ordered for tax fraud
