Goods and Services Tax – GST Dated:- 4-2-2021 – News – Office of the Principal Commissioner , Central Goods and Services Tax, Meerut Mangal Pandey Nagar, Opposite C.C.S University, Meerut-250005, Phone No. 0121-2762632, Fax No. 2761783 Dated: 3rd February 2021 PRESS RELEASE In the ongoing campaign against fake/bogus invoices launched by Chief Commissioner, Meerut Zone, officers of Central Goods and Service Tax (CGST) Commissionerate, Meerut have unearthed yet another case of fake GST invoicing of ₹ 200 crore (approx) by carrying out simultaneous searches at 11 locations in Meerut Ghaziabad. The syndicate was being operated by Sh. Vikas Jain and persons employed by him for carrying cash and bills
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re have been recovered seized for further investigation. In this case several recipient firms who had availed the fraudulently passed ITC have been identified and one such firm registered at Meerut has deposited an amount of ₹ 2 crores towards partial discharge of their GST liability arising out of their irregular availment of ITC passed on by Vikas Jain from his firms. Therefore, the offence so committed by the accused under Section 132(1)(b) (c) of the CGST Act 2017 , falls in the category of cognizable and non-bailable offence under Section 132(5) and is punishable under Section 132(1)(i) of the said Act. Accordingly, the accused was arrested under Section 69 of the CGST Act, 2017 and produced before the
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