Hey there, folks! Big news coming out of Koregaon Park today as the Goods and Services Tax Department in Pune has cracked down on a massive tax evasion scheme worth billions of rupees. Can you believe it?
So, here’s the scoop – a fake company was used to submit documents to evade taxes ranging from ₹5,000 to ₹8,000 crore. That’s a whole lot of money, right? The mastermind behind this operation, all the way from Gujarat, has been arrested along with seven others. Talk about a big bust!
The investigation began when Rishi Prakash, a GST officer, noticed some irregularities during an audit last year. Turns out, the company in question was not actually buying or selling anything – just processing payments. Sneaky, right? The address provided for registration turned out to be fake, leading to the discovery of a whole network of fraudulent companies.
After a thorough investigation across multiple cities, the authorities managed to nab the main culprit in a lodge in Mira Bhayandar. They found a stash of mobile phones, laptops, and other incriminating evidence. The suspect has been remanded to judicial custody for further questioning.
It’s crazy to think that this group managed to set up 246 fake companies just to avoid paying taxes. But hey, justice has been served! Kudos to the GST Department for their hard work in uncovering this massive scam. Stay tuned for more updates on this developing story!
Thanks For Reading Report of Punepress.com