Multi Crore fake invoice/ GST scam: Second arrest from Ludhiana
Ludhiana, December 24, 2020: In an ongoing investigation into multi-crore GST fraud, one more accused Amandeep Singh Bhui of Ludhiana has been arrested. He has been remanded to judicial custody.
Disclosing this here today Ashutosh Baranwal, Principal Commissioner, CGST, Ludhiana Commisionerate
said that based on documentary evidence and admittance of GST fraud by Amandeep Singh Bhui and for his connivance with Sahil Jain in wrongful availing of ITC as well as passing on of fake ITC without any actual supply of goods, Amandeep Singh Bhui S/o Prabhjot Singh appeared to have committed offences specified under clauses (b), (c), (l) of Sub-section (i) of Section 132 of Central Goods and Services Tax Act, 2017 and under clauses (b), (c), (l) of Sub-section (i) of Section 132 of Punjab State Goods and Services Tax Act, 2017 both read with Section 20 of Integrated Goods and Services Tax Act, 2017. As the ITC involved is more than Rs 5 crores, the accused has been placed under arrest and remanded to Judicial Custody up to 06.01.2020.
- Sh. O P Dadhich, Principal DG, GSTI New Delhi.
Mr Baranwal said that
Sahil Jain arrested by the department on 11.11.2020 for having issued fake invoices valued at Rs. 252.27 crores involvingT amounting to Rs. 17.65 crores (0.85 crores IGST, 8.40 crores of CGST and Rs. 8.40 crores of SGST). He placed under judicial remand till ..202
During the course of further investigations another name of one Sh. Amandeep Singh Bhui s/o Sh. Prabhjot Singh Bhui cropped up. He is related to Sh. Sahil Jain, being the son of his wife’s sister. Sh. Amandeep Singh Bhui owned and operated 7 firms with different name and styles and different PANs. These firms were also involved in issuance of fake invoices and fraudulent availment of ITC.
During his statement, he admitted to have connived with and abetted Sh. Sahil Jain in issuance of fake invoices and passing on of fake ITC through 23 bogus firms created or operated by him and Sh. Sahil Jain. Sh. Amandeep Singh Bhui confessed that all these firms had indulged only into issuance of invoices without any actual receipt/supply of goods.
Amandeep Singh Bhui through the seven firms (tabulated infra as Table A), in which he was a proprietor/partner, had issued invoices total valued at Rs. 97.43 crores involving GST amounting to Rs. 8.08 crores (0.80 crores IGST, 3.64 crores of CGST and Rs. 3.64 crores of SGST). In his statement, Sh. Amandeep Singh Bui confessed to have caused a loss of 8.08 crores to the Govt exchequer by passing the fraudulent ITC by issuing invoices without actual movement of any goods. Further, in connivance with Sh. Sahil Jain, Amandeep Singh Bhui made outward taxable supplies amounting to Rs. 393.91 Crore and indulged into passing on of fake ITC of Rs. 33.02 cr through 23 dummy firms.
Table - A
Sr.
|
Name of the firm (GSTN)
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1
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M/s Guru Nanak Fabrics (03CCOPB6258A1Z3)
|
2
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M/s Windsorway Apparels (03AADFW2021N1ZD)
|
3
|
M/s A.P.J. Fabrics (03ABRFA5499H1Z0)
|
4
|
M/s Jiya Knitwears (03AAQFJ0482M1Z2)
|
5
|
M/s Rainbow Knit Fab (03ABBFR1965P1ZV)
|
6
|
M/s Bluewaters India
|
7
|
M/s Classy wears BLUD
|