DSC dismisses anticipatory bail application involving systematic ...

Tax Credit Fraud Syndicate Exposed: Systematic Fake ITC Scheme Unravels with Overwhelming Forensic Evidence of Rs. 15 Crore Fraud

April 25, 2025

Case Laws GST DSC

DSC dismisses anticipatory bail application involving systematic tax credit fraud. Investigation revealed a complex nexus of fictitious firms (M/s Khwaish Enterprise, M/s Sunrise Enterprises, M/s AC Goel Tradelinks) systematically generating fake Input Tax Credit (ITC) without actual goods supply. Forensic analysis of GSTR-2A records demonstrated over 90% fraudulent transactions, with cumulative fake ITC estimated at approximately Rs. 15 crores. Key accused, who failed to cooperate with investigation despite multiple summons, was determined to be a critical syndicate member. Court found substantial evidence of deliberate tax evasion and economic fraud, consequently rejecting anticipatory bail application.

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DSC dismisses anticipatory bail application involving systematic ...

Tax Credit Fraud Syndicate Exposed: Systematic Fake ITC Scheme Unravels with Overwhelming Forensic Evidence of Rs. 15 Crore Fraud

April 25, 2025

Case Laws GST DSC

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