The Central Crime Station (CCS) of the Hyderabad police in an influential crackdown on bogus tax practices, has charged 5 Goods and Services Tax (GST) officials, including a deputy commissioner, for their involvement in a scheme to deceitfully claim GST refunds.
CCS police show that such individuals collaborated with others to build the bogus electric bike manufacturing units beneath distinct names in Hyderabad. The owners of the property received electricity bills and registered bogus firms on the GST portal via counterfeit rental agreements.
The accused parties, including their tax consultant Chiraag Sharma, allegedly fabricated invoices, e-way bills (Part-A, Part-B), and inward supply bills in the names of companies that do not exist.
Such bogus documents were being utilized to bogusly avail the GST refunds with the bribes allegedly proposed to state government GST officials, along with the arrested government officials.
A spokesperson from the police cited, that the accused persons in the same procedure claimed the refunds and gained in an incorrect way causing an incorrect loss to the government exchequer, without manufacturing the e-bikes.
Police revealed that while filing the GST returns Vinardh Automobiles claimed a refund of 23.78 crores. On inquiry, it revealed that the firms on whose behalf he furnished the claims were bogus and had furnished the fabricated documents for GST returns.
