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Gang Issuing Bogus Bills And Bogus E-Way Bills Busted
The Officers in South Zone –Enforcement Wing of Commercial Taxes Department of Karnataka have investigated Bill Trading cases and have arrested one person by name Sri Kuldeep Choudhary, S/o Ramvatar Choudhary, Proprietor of M/s NEELKAHNTH EXPORTS, on 17-09-2018. On preliminary investigation it is observed that , the person has issued invoices for Rs. 29 crore involving tax of Rs. 5.34 crore without supply of goods and services Sri. Md. Rafi Pasha, Assistant Commissioner, has arrested the accused and has produced him before the Hon’ble special court for Economic Offences, Bangalore and the accused is remanded for judicial custody .
In the last one month, the officers have identified gang of bogus dealers who are involved in bill trading. This arrest is the third in a series of actions in Karnataka. As per the preliminary information available, the tax involved in bill trading transactions is around Rs. 253 Cr. In-depth investigation is in progress to initiate appropriate legal action against the persons involved.
All the taxable person under GST are hereby informed that strict penal action will be initiated against the dealers who are indulging in bill trading and other fraudulent activities that lead to evasion of GST .
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