• Notification Date: 14-11-2022
• Notification No: N/A

Gujarat GST Department Unearths Credit Scam worth Rs.1,200 Crore

The Gujarat State Goods and Service Tax (GST) Department, the Anti-Terrorist Squad (ATS), and the Crime Branch searched more than 205 premises in a joint operation on Sunday. These premises were owned by 115 firms. The team also questioned 91 people, allegedly involved in a credit scam worth Rs.1,200 crore.

The investing officers have seized documents, bill books, laptops, and pen drives. Data have been retrieved using cloud facilities and much information has been gathered by the officers to track down these fake transactions and money movements. Some GST officers, allegedly involved in the case, have been questioned by the search team.

Investigation has disclosed that these fake transactions were being operated for the last six months in Ahmedabad, Vadodara, Bhavnagar, and Surat. According to the primary information, several GST officers were involved in this scam, who have helped in materializing such a huge scam.

Sources have revealed that searched were going in 14 districts. The companies involved in these fraudulent activities were creating fake bills of transactions and claiming huge credits from the state government. They were involved in scrap metal, chemicals, and iron rods. The investigating officers have questioned almost 91 people from these firms who were allegedly involved in this large-scale scam. Information is being gathered by the officers from these people.