Crime
Fake GST Billing Racket Busted by Delhi Police
The Economic Offences Wing of Delhi Police has uncovered a major GST fraud cartel involving fake shell companies and wrongful tax credit claims amounting to nearly Rs 128 crore.
The Economic Offences Wing (EOW) of Delhi Police has busted an alleged Goods and Services Tax (GST) fraud network and arrested six individuals in connection with the case.
Addressing a press conference, Additional Commissioner of Police Ravi Kumar Singh said the accused were operating multiple fake firms and shell companies to carry out fraudulent GST transactions.
According to investigators, the accused used around 50 shell companies for filing fake GST returns, generating bogus invoices, and claiming wrongful input tax credits.
Officials said the fake GST transactions conducted through these firms amounted to approximately Rs 128 crore.
During the investigation, the EOW reportedly recovered around Rs 51 lakh in cash along with 15 mobile phones, two cars, fake invoices, and SIM cards allegedly used in the operation.
Police said the investigation is continuing to trace the broader network, identify additional beneficiaries, and determine whether more entities were involved in the fraudulent transactions.
GST fraud through fake invoicing and shell companies has emerged as a major area of focus for enforcement agencies in recent years, with authorities increasing surveillance and crackdowns on tax evasion and financial fraud networks.
