Tax Authorities in Ludhiana have arrested businessman who was running 14 firms in his and his family members’ names. He has done bogus billing amounting to Rs 252 crore to evade GST worth Rs 17.65 crore. A joint operation was conducted by three taxation authorities- central GST (CGST) commissionerate, state GST departmentand directorate general of GST intelligence (DGGI). The accused has been sent in judicial custody for 14 days. The officials used a high-tech Business Intelligence and Fraud Analytics (BIFA) tool. ludhiana CGST principal commissioner Ashutosh Baranwal said, “These firms had issued invoices without actual supply ofgoods worth Rs 252 crore involving a GST of Rs 17.65 crore. Recovery of Rs 1.23crore has already been made in this case.”
