GST fraud

DGGI Uncovers Rs. 145 Crore GST Fraud in Belagavi

The Directorate General of GST Intelligence (DGGI) in Belagavi has uncovered a significant GST fraud involving fake invoices worth approximately Rs. 145 crore, leading to an alleged tax evasion of Rs. 43 crore. One individual has been arrested for creating fake GST registrations using forged documents and operating shell entities.

GST fraud

DGGI Uncovers Major GST Fraud Involving Shell Companies

The Directorate General of GST Intelligence (DGGI) Bengaluru Unit has uncovered six shell companies involved in fraudulent invoicing worth Rs. 266 crore, with Rs. 48 crore claimed as fraudulent Input Tax Credit (ITC). The mastermind, a statutory auditor, has been arrested. The investigation revealed circular trading practices and inflated turnover,