Gujarat’s GST enforcement officials seize a reported ₹128 crore fake invoicing operation and arrest a father-son duo in Jamnagar, according to multiple reports. The accused are alleged to have used shell companies to create bogus GST invoices for brass and copper scrap. Prosecutors claim the scheme involves issuing invoices without any actual movement or supply of goods, while fraudulently claiming Input Tax Credit (ITC). The authorities describe the case as a major GST-related fraud that inflates credits through invoices generated through non-genuine transactions. The arrests are connected to the wider investigation into suspected use of multiple firms to facilitate the alleged wrongdoing. Further details on the number of entities involved, the period of the alleged activity, and whether additional suspects are being identified are not specified in the provided excerpts. The enforcement action reflects a crackdown on fraudulent invoice practices under GST rules, with the arrested individuals facing allegations related to bogus invoicing and improper ITC claims.
Gujarat authorities bust ₹128 crore fake invoicing racket; father-son duo arrested
Gujarat’s GST enforcement officials seize a reported ₹128 crore fake invoicing operation and arrest a father-son duo in Jamnagar, according to multiple reports. The accused are alleged to have used sh...
- Gujarat GST (SGST) enforcement officials bust a fake invoicing racket worth about ₹128 crore.
- A father-son duo is arrested in Jamnagar in connection with the case.
- The accused are alleged to use shell firms to generate bogus GST invoices.
- The invoices reportedly relate to brass and copper scrap transactions without actual goods movement.
- The alleged fraud involves wrongful ITC claims.
The accused allegedly used shell firms to generate bogus invoices for brass and copper scrap without actual goods movement, fraudulently claiming ITC
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