The Maharashtra State GST department arrested one person for a bogus ITC claim worth Rs 14 crore from fake bills of around Rs 102 crore. The department has also been able to get revenue of Rs 8 crore from the suppliers linked to M/s. Cermix.
As a part of Special Anti-Evasion Drive by Maharashtra Goods & Service Tax Department against the fraudsters and tax evaders, proprietor of M/s. Cermix was arrested on April 7, for generating, availing and utilising fraudulent GST Input Tax Credit (ITC) of Rs14 crores from bogus invoices of Rs102 crores.
The investigation is under progress to ascertain whether there is any other link to this fraud. The Metropolitan Magistrate Court has given 14 days judicial custody to the proprietor of M/s. Cermix.
This joint operation of investigation was conducted by Assistant Commissioner of State Tax, Amol Suryawanshi under the guidance of Nilkanth S Ghogare, Deputy Commissioner of State Tax and Rahul Dwivedi (IAS), Joint Commissioner of State Tax, Investigation-A, Mumbai.
The GST department is using comprehensive network analytic tools and is co-ordinating with other authorities to identify tax evaders. This will serve as a strong warning to all scamsters that Maharashtra GST department will not spare anybody avoiding taxes.