Jalandhar GST Raids Expose Massive Fake Firm Network with Rs 130.5 Crore Evasion
In a significant crackdown on tax fraud, the Central GST Commissionerate in Jalandhar has conducted extensive searches at residential and office premises, uncovering a sophisticated nexus of fake firms. The operation has led to the seizure of evidence related to 23 dummy firms, involving a staggering taxable value of Rs 1,000 crore and GST evasion estimated at around Rs 130.50 crore.
Arrest of Main Accused and Search Details
The department has arrested the primary suspect, identified as Jaswinder Mahi, also known as Happy, who is alleged to be the mastermind behind this fraudulent scheme. The searches were executed at six different locations on Tuesday, targeting key individuals involved in the creation and operation of these bogus entities.
According to a statement issued by the commissionerate, the anti-evasion branch initiated the investigation based on credible information that Jaswinder Mahi was systematically involved in establishing fake firms to pass fraudulent input tax credit (ITC). The probe revealed the extensive tax evasion, leading to his immediate arrest.
Seizure of Incriminating Evidence and Ongoing Investigation
During the raids, authorities seized numerous incriminating documents and electronic devices, which are expected to provide further insights into the network's operations. The commissionerate emphasized that the investigation is ongoing, with efforts focused on uncovering the full extent of the network and identifying other entities complicit in the fraud.
The seizure of these materials marks a critical step in dismantling the illicit operation, and officials are committed to pursuing all leads to ensure accountability. This case highlights the government's intensified efforts to combat GST evasion and protect the integrity of the tax system.
