The Office of the Commissioner, CGST & Central Excise, Central GST Building, Raipur issued a PRESS NOTE vide refence IV(06)Enq/ CGST/P&FC/06/HMST/24-25 dated 16.04.2024.
PRESS NOTE
Based on an specific intelligence, data analysis and extensive surveillance a network of 13 fake firms created with sole purpose of generating bogus invoices and passing of Input Tax Credit (ITC) was busted by CGST Raipur recently. Mastermind behind the racket Shri Hemant Kasera was also arrested on 04.04.2024.
Further, it was found that large amount of such bogus ITC has been passed onto M/s. Bansal Traders, M/s Om Traders & M/s. HMS Traders situated in Raipur by firms operated by Hemant Kasera. Accordingly, follow up action was taken and search was conducted at business premises of above forms. Upon investigation it was revealed that these 3 firms are controlled & managed by Shri Sandeep Bansal. After thorough scrutiny of documents, books of accounts & returns it was noticed that Shri Bansal has not only purchased bogus bills from Hemant Kasera but also from more than 25 bogus firms of Delhi. Upon confrontation of facts & evidences, Shri Sandeep Bansal accepted to have procured bogus invoices and availed fake ITC of Rs. 6.94 Crore on the basis of fake invoices with intention to evade tax.
Accordingly, Sandeep Bansal was arrested on 16.04.2024 by Central GST Team under section 69(1) of the CGST Act, 2017 and have been produced before the court and Hon’ble CJM court has granted judicial custody of the accused.
CGST Raipur is taking strict enforcement action against tax evaders specifically against taxpayers involved in business of bogus billing. With these arrears, no of person arrested by CGST Raipur Commissioner in relation to bogus billing has increased to 16 since implementation of GST law in 2017.
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