Man arrested in Gujarat for Rs 177-crore GST fraud
Ahmedabad, Jan 26: A man has been arrested for allegedly issuing fake invoices to claim Rs 177.64-crore input tax credit, the Central GST department said Saturday.
The man, identified as Ehsas Ali Saiyad, a resident of Vadodara, was the mastermind of a scam involving issuing of fake invoices, said the office of the Central GST and Central Excise Commissionerate in a release in Gandhinagar.
The 29-year-old allegedly floated 66 fake companies with as many dummy owners in whose name he issued tax invoices to claim input tax credit (ITC), it said.
The accused obtained GST registration, GST identity cards, login-password, SIM cards, bank accounts and online passwords in the name of these dummy owners, said the commissionerate.
"The accused would issue fake bills in the name of the entities created by him. He issued tax invoice of taxable value of Rs 1,210 crore to claim input tax credit of Rs 177.64 crore," it said.
He was arrested under provisions of the CGST Act and further investigation was on, said the release.
Under Goods and Services Tax, input credit is the tax benefit manufacturers get for the GST they pay on purchase of goods. Unscrupulous elements use fake bills to claim higher ITC.
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Karnataka: College student dies by suicide in Dharwad, 3 policemen suspended
Dharwad (Karnataka) (PTI): A college student allegedly died by suicide here, following which three policemen were suspended over allegations of harassment linked to his death by the victim's family.
Aditya Myageri, a BSc student at a private college here, was among 18 students detained by the Vidyagiri police on April 25 during an anti-drug drive, police said on Wednesday.
He hailed from Belur village in Bagalkot district, but was staying with his friends at a rented accommodation in Girinagar area of Dharwad city, police said.
Among the 18 students tested, Aditya was among the 10 who had tested negative for ganja consumption and was subsequently released.
Some of his roommates, however, tested positive.
According to police, Aditya's family alleged that despite testing negative, he was harassed by police. They also claimed some policemen demanded Rs 2,000 to settle the matter and threatened legal action if he failed to pay.
He had called his mother asking for money, but she could not arrange it immediately, the family claimed.
On Monday night, Aditya allegedly died by suicide by hanging from a ceiling fan at his rented accommodation, with his family alleging police harassment and pressure over demand for money drove him to the extreme step, a senior police officer said.
Police Commissioner N Shashi Kumar told PTI that an unnatural death case has been registered at Vidyagiri police station. Three policemen have been suspended over the allegations, and further investigation is underway.
