Taxation department arrests Rs800-cr bogus billing mastermind

Tribune News Service

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Panipat, June 26

The State Excise and Taxation Department arrested a yarn trader, mastermind of Rs 800-crore bogus billing scam, here today.

The department has moved an application for the production warrant of the four accused already arrested by the district police.

The yarn trader has been identified as Sanjay Bhalotia of Churu in Rajasthan. He owned Sanjay Yarn trading firm on Sanoli Road in the city.

Raja Ram Nain, Deputy Excise and Taxation Commissioner (Sales) and Deputy Commissioner, State Tax (GST), said the department had registered cases against the five accused —Rajesh Mittal, Inder Pratap Singh and Manish Kumar, Satnarayan Rohilla and Sanjay Bhalotia — on the charge of bogus billing and tax evasion under Section 132 of the GST Act.

The CIA-2 unit of the district police had arrested Rajesh Mittal, Inder Pratap Singh, Manish Kumar and Satnarayan Rohilla in starting of the month. Investigation revealed that they had registered 18 bogus firms in Panipat and issued fake bills of around Rs 800 crore to around 350 firms and evaded tax worth Rs 20 crore. Sanjay Bhalotia sold yarn on cheap rate to them and provided the bogus firms with fake bills.