Rs 7.91-cr GST loss to govt; 2 traders booked
Kaithal, April 26
Traders Angrej Singh and Bijendra Kumar Sharma have been booked for issuing bogus bills for iron and steel, copper, scrap, wires and machinery, causing a loss of Rs7.91 crore to the state exchequer.
The complainant, ETO Shiv Kumar, said a fake firm named AS Chauhan registered under the GST Act had issued 676 bogus bills worth Rs38.35 crore and showed bogus purchases. Its proprietor, Angrej Singh, did not pay Rs6.9-crore GST to the government.
In the second complaint, the ETO said Sharma got a firm BK Steel registered under the GST Act.
On inquiry, it was found that the accused had allegedly issued bogus bills for Rs5.62 crore and paid no GST to the government, causing a loss of Rs 1.01crore to the exchequer. — OC
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