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Major GST Fraud Syndicate Busted in Delhi, Rs 128 Crore Scam Uncovered

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 16, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Major GST Fraud Syndicate Busted in Delhi, Rs 128 Crore Scam Uncovered
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The Economic Offences Wing (EOW) of Delhi Police has uncovered a significant GST fraud syndicate in Delhi, involving fake invoices and fraudulent Input Tax Credit (ITC) claims amounting to nearly Rs 128 crore. Six individuals have been arrested in connection with the case. The syndicate operated by creating shell companies and fake business entities to produce bogus GST invoices without actual goods or services.

Cash totaling Rs 51.12 lakh, along with 15 mobile phones, two laptops, fake stamps, forged documents, multiple SIM cards, fake invoices, and two cars were seized during the operation. The case, registered under various sections of the Bharatiya Nyaya Sanhita (BNS) at Police Station EOW, revolves around the fraudulent establishment and functioning of a fake proprietorship firm, M/s R.K. Enterprises, using the identity of an unsuspecting individual.

The investigation revealed that transactions exceeding Rs 128 crore were conducted through the entity, with wrongful Input Tax Credit amounting to nearly Rs 10 crore being fraudulently claimed. The main conspirators behind the creation of fake firms, bogus GST invoicing, and fraudulent GST returns were identified as Dilip Kumar and Raj Kumar Dixit. Further probe unveiled the involvement of Amar Kumar, Vibhash Kumar Mitra, Nitin Verma, Mohd. Waseem, and Abid in facilitating the operation of fake entities and routing fake transactions.

Multiple raids were conducted across Delhi-NCR, leading to the arrest of the accused individuals. The syndicate allegedly caused substantial losses to the government exchequer through fictitious billing and fraudulent financial transactions. The mastermind, Raj Kumar Dixit, orchestrated numerous shell companies for bogus GST transactions and fake ITC claims, using various means to conceal the money trail and avoid detection.

Abid Amar Kumar Bharatiya Nyaya Sanhita Delhi Police Delhi-NCR Economic Offences Wing Fake firms Fake Invoices GST Fraud Input Tax Credit Mohd. Waseem Nitin Verma Raj Kumar Dixit Shell Companies Vibhash Kumar Mitra
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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