A fraudulent company illegally obtained Rs 20 crore in GST rebates from Government of India, said the Delhi police after registering a First Information Report (FIR) on July 5. The company, Prince International, in Delhi’s Wazirpur allegedly used the name of a farmer from Haryana and obtained his signatures on company account documents by promising him a loan and a credit card.
In his complaint, the farmer, Naresh Singh, 57, a resident of Kharghar village in Bahadurgarh, said his bank account was opened with the Central Bank of India in Narela. In August 2018, he needed some money for his son’s wedding. He requested one Jasbir, who Naresh sold his produce in the Saanpla mandi, for the same. According to the complaint, Jasbir introduced Naresh to two men, Naveen and Kailash, for the money.
Jasbir, Naveen, and Kailash made Naresh sign some documents to get him money and a Kissan credit card. In September 2019, however, Shiv Kumar, a labourer in farmlands, told Naresh that an account had been opened in his name at the Central Bank of India, Narela.
According to the complaint, Naresh was told that the accused were using the account to execute scams worth crores of rupees. When Naresh approached the branch for his account details, a bank official informed Jasbir of the same. Jasbir asked the official not to share any details with Naresh. However, after much effort, Naresh was able to access the form used to open the account, the account statement, a copy of a check worth Rs 13.5 lakh, and one GST registration certificate.
The documents revealed that Prince International was registered in Naresh’s name, with an address of J J Colony, Wazirpur. Fake bills were used to show the company’s transactions and then obtain a GST refund under input tax credit. Naresh also received multiple notices from the Income Tax and GST departments.
To avoid suspicion, the accused did not use Naresh’s original address and phone number on the documents. Instead, the documents had Jasbir’s phone number. The accused also used other accounts in the names of Shiv Kumar Giri, Brijkishor Sahni, and Sonu to obtain tax rebates.
Naresh’s complaint was registered by the Economic Offences Wing (EOW) on May 13 for a probe.
Source: The Indian Express
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