Letter: In one of the largest cases excavated by the letter unit of the Directorate General of Goods and Tax Intelligence Services (DGGI), GST avoidance from RS 231 Crore has been excavated on Thursday by companies involved in trading metal and plastic scraps.
Rackets involving 79 companies spread throughout the country and searches were carried out in 10 states by DGGI.
These companies generate bills of 1,516 crore rs for goods that have never been provided.
DGGI restored Rs 14.14 Crore from the accused rejection.
In the case listed under ACT GST, a total of six defendants were arrested in different locations.
DGGI officials, however, refused to divulge the names accused of continuing investigations.
The Center for Investigation Center collects the intelligence of the involvement of several end-user companies that supply iron and steel articles engaged in the availability and use of illegal input tax credits (ITC) based on invoices issued by non-existent companies.
The next body found that the multi-layer company chain that enrolled in 10 states in the country running a racket.
“In this transaction, 79 GSTI numbers used and the Invoice of RS 1,516 Crore is generated.
ITC is available by these companies without properly supplying any items,” said an official.
DGGI conducts a simultaneous quest in the 79 premise of this registered company in 10 states.
Of these, 46 places searched by DGGI Zonal Units in Delhi, Mumbai, Chennai, Ahmedabad, Jaipur, Bhubaneshwar, Hyderabad, Lucknow, Bengaluru, Nagpur, Bhopal and Pune.
The Zonal Unit of the DGGI letter conducted a search in 33 places, 11 transporter and four weighbridge operators.
“Evidence collected during the search set that the company proved to supply goods and passed on ITC to end users none and registered based on fake documents,” DGGI official said.
The investigation also revealed that fake transporter and their fake paper was used with a shell company invoice to build goods transported.