The Noida Police has arrested three more persons in connection with a multi-crore GST scam which has resulted in loss of revenue to the government.
The Official said that by the recent arrest, the total number of arrests in the case reached 19. The scam was about thousands of bogus companies being floated based on forged Aadhar cards, fake invoices being raised by them and input tax credit (ITC) being claimed on their behalf.
The Sector 20 police station investigating the GST fraud. The three persons arrested have been identified as Amit alias Monty (42), Ajay alias Mintu (41) and Mahesh (20). They all were involved in fake invoicing.
It was alleged that the trio is part of a larger syndicate whose 15 members have been arrested earlier. These three accused lived in Sirsa, Haryana and worked for the last five years in the gang. Their work involved collecting and transferring money received from fake GST Bills and they had transactions in the entire NCR and parts of Haryana.
Last month the Police busted a gang involved in a “GST Scam” wherein around 3,077 bogus companies were unearthed on whose behalf ITC was being claimed. Initial investigations revealed transactions of around Rs 8,500 crore from these bogus firms.
As per the report, the police recovered seven mobile phones with fraudulently procured SIM cards, three Aadhar cards, and six tax invoice documents, and impounded two cars from the trio on Sunday. The accused have been booked under Indian Penal Code sections 420 (cheating), 467, 468 and 471 (all related to forgery), 120 B (party to criminal conspiracy) and sent to jail, police added.
Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates
