Fraudster arrested for making and using fake GST bills to the tune of 10 Crores

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Posted by AI on 2025-09-07 02:39:35 | Last Updated by AI on 2025-09-07 07:13:02

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Arrested in Noida, the accused used to work in the accounting department of the firm, handling filings on Goods and Services Tax (GST) and tax-return portals. He allegedly generated fake bills and used them to fraudulently claim input tax credit (ITC) of Rs 10 crore. The man had fabricated invoices for imaginary purchases and sales and had them uploaded on the GST network. The invoices were then used to fraudulently claim ITC, amounting to Rs 10 crore, from the Integrated GST (IGST) department.

The man, who was arrested red-handed while uploading the fraudulent invoices, has admitted to operating alone, informing the authorities that he had personal financial debts to pay off.

While white-collar crimes might often go unpunished, the man will not escape the repercussions of his actions. The GST council has implemented stricter laws and stricter surveillance, promising a zero-tolerance policy. This incident shines a light on the need to reinforce such practices and urge authorities to take a more proactive approach in addressing these challenges, ensuring that all individuals involved in such fraudulent activities are held accountable for their actions, to safeguard the financial integrity of the system for the benefit of all citizens.

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