Ahmedabad: Four more persons charged with involvement of Rs 900 crore fake billing scam The state’s Goods and Services Tax (SGST) department arrested on Wednesday. The accused include Zahid Kabaria, Natvargiri Goswami, Vikrambhai Baraiya and Ejaz Shaikh, who were involved in tax evasion of Rs 10.35 crore.
All the four accused were arrested on the basis of a system-based investigation using various analytical reports available through GSTN. The four accused were produced in the court of Additional Metropolitan Magistrate on Wednesday itself.
The arrests were made after SGST officials raided nine more companies in connection with a fake billing scam 900 crores. The scam was exposed after Bhavnagar-based Madhav Copper Ltd evaded taxes worth Rs 137 crore using fake bills worth Rs 425 crore. SGST department officials had also arrested two more people – Afzal Sadiq Ali Sajwani from Bhavnagar and Meena Rathod from Prantij – who were involved in making fake bills.
Sadiq was taken on remand till 3 pm on Wednesday and has now been sent to Sabarmati Central Jail in Ahmedabad. Officials of the SGST department are scrutinizing the e-documents collected from Sajwani’s residence and records of transactions worth crores are pending. Meanwhile, Madhav Copper Limited Chairman Nilesh Patel is absconding despite being summoned for the said tax evasion.
All the four accused were arrested on the basis of a system-based investigation using various analytical reports available through GSTN. The four accused were produced in the court of Additional Metropolitan Magistrate on Wednesday itself.
The arrests were made after SGST officials raided nine more companies in connection with a fake billing scam 900 crores. The scam was exposed after Bhavnagar-based Madhav Copper Ltd evaded taxes worth Rs 137 crore using fake bills worth Rs 425 crore. SGST department officials had also arrested two more people – Afzal Sadiq Ali Sajwani from Bhavnagar and Meena Rathod from Prantij – who were involved in making fake bills.
Sadiq was taken on remand till 3 pm on Wednesday and has now been sent to Sabarmati Central Jail in Ahmedabad. Officials of the SGST department are scrutinizing the e-documents collected from Sajwani’s residence and records of transactions worth crores are pending. Meanwhile, Madhav Copper Limited Chairman Nilesh Patel is absconding despite being summoned for the said tax evasion.
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