Cracking Down on GST Fraud: The Bogus Firm Scam

Police dismantled a gang exploiting the Mudra scheme to conduct a Rs 1.3 crore GST Input Tax Credit fraud. Key perpetrator Ravindra Giri was arrested after collecting ID documents, SIM cards, and forming fake GST firms. Authorities are investigating further, with more arrests expected.

Authorities have disrupted a fraudulent operation exploiting the Mudra scheme, culminating in a staggering Rs 1.3 crore GST Input Tax Credit scam.

Police have detained Ravindra Giri, 35, from Lakhimpur Kheri, who allegedly orchestrated the scam by collecting Aadhaar and PAN details under false pretenses.

Investigations revealed Giri used these details to procure SIM cards, establish bogus GST firms, and execute the elaborate fraud. With further arrests anticipated, police are continuing their inquiries into the illicit network.