Punjab: Two more arrested in fake GST invoice scam

FATEHGARH SAHIB

: In the chain of previous raids conducted, the Punjab GST department has arrested two more persons in the multi-crore fake GST invoice scam.


Sunita Batra, assistant commissioner state tax, Fatehgarh Sahib, said those arrested have been identified as Abhishek Modgil and Sahil Sharma from Mandi Gobindgarh, who were involved in the issuance of

fake invoices

.

During earlier investigation by the department had established that a network of firms was engaged in issuance of fake invoices and passing the bogus input tax credit to various firms of Rs 45 crore.

Batra said while Abhishek Modgil is a proprietor of four firms named M/s AM Enterprises Mandi Gobindgarh, MPS Enterprises Mandi Gobindgarh, M/s Mahadev Metals, Chandigarh and M/s ManiMahesh Alloys, Panchkula, Sahil Sharma is a proprietor of M/s Sahil Enterprises and partner in M/s A S Enterprises.

The officer said the department was working to trace all the beneficiaries who received these fake invoices and more tax recoveries could be made.

The investigators had also detained 14 vehicles loaded with of iron scrap without invoices and E-way bills on Thursday, while 10 more vehicles were detained on Friday.