Rogue Tax Officer, 500 Firms: Rs 54 Crore GST Fraud Uncovered In Delhi
NDTV
The fake firms generated invoices worth Rs 718 crore, i.e. fake purchases were made and business was only on paper, the probe, which was later transferred to the ACB, found.
A rogue tax officer, a trio of lawyers and a few other people masterminded a fraud, swindling Rs 54 crore from the Goods and Service Tax (GST) Department in the national capital. It was exposed by the Anti-Corruption Bureau of the Delhi Government.
'The Special 7 And 500 Firms'
A GST officer, three lawyers, two transporters and the owner of a "company" were part of a plot involving 500 fake companies and fake invoices worth Rs 718 crore to claim GST refunds worth Rs 54 crore. The 500 companies only existed on paper and were purportedly involved in the import/export of medical goods to claim GST refunds.
'The Rogue Officer'
