New Delhi: The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested a man for input tax credit fraud of more than Rs 43 crore.
The accused Ravinder Kumar is a resident of New Delhi and was arrested on Tuesday on charges of creating and operating fictitious firms on forged documents which were used in availing of and passing on Input Tax Credit on bogus Invoices without actual receipt and supply of goods or services, according to a statement from the Union Ministry of Finance.
It is apparent from the investigation conducted till date, that Ravinder Kumar created multiple proprietorship, partnership firms and private limited companies based in Haryana, New Delhi and Jharkhand merely on paper. Ravinder kept eluding the investigation and did not appear before the investigating authorities even after issuance of Summons on multiple occasions, the Ministry said.
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Ravinder was absconding and kept changing his locations, the officers kept watch on his frequent places and after a long period of monitoring and active surveillance, were able to nab him.