Patiala, August 22, 2019: Department of Excise and Taxation, Punjab, has busted a GST bogus billing scam amounting to Rs 60 crore.
Subhash Chander, proprietor of Ganpati Motor Store, located in Khanauri Mandi, and who was running a business of iron and scrap was found indulging in unscrupulous business activities. After following due process of law and conducting detailed investigation he has been arrested.
Additional Excise and Taxation Commissioner-cum-Director Investigation, Punjab, Navdeep Kaur Bhinder said Subhash used to procure fake GST invoices of iron and scrap from Delhi without physical delivery of goods.
It has also been detected that some of the vehicles used in the transportation of goods were found to be Scooters and motorcycles.
A total of 945 vehicles were shown to have transported iron and scrap goods from Delhi to Khanauri Mandi whereas after verification it was found that only 67 vehicles were shown to have passed through Era Engineering Pvt Ltd Toll Plaza, Rohtak, Haryana.
Bhinder said verification of these 67 vehicles conducted by Major Manmohan Singh, STO, further revealed that these vehicles had actually not passed through the toll plaza and only fake toll plaza receipts had been generated.
This fact has been confirmed by Toll Plaza authorities. In this case the accused was creating bogus Input Tax Credit running into crores of rupees and was further passing on to various dealers of Punjab.
Bhinder said that all such dealers indulging in bogus billing shall be dealt with sternly. Further investigation in the case is under progress to identify others involved in the scam.
She added that it will be an ongoing process and the department is planning to launch a strict campaign against dealers/traders involved in cases of tax evasion.