Thane: The Central Goods and Services Tax (CGST) commissionerate in Maharashtra's Thane has unearthed a bizarre incident of tax evasion in which a footwear exporter committed a major fraud through a fake bill of Rs 85 crore. Now the exporter has been arrested on charges of GST evasion of Rs 15.26 crore.
The input was shared by the Customs Department of Delhi regarding the businessman. After receiving the Tahrir, an investigation was started against M/s Corvette Tradelink Pvt. Ltd (M/s. Corvette Tradelink Pvt. Ltd) based in Borivali, Mumbai. The investigation revealed that the company tried to save tax through many fake bills. Under this, bills were issued in the name of such institutions of Delhi, which are not actually there.
The company's director was taken into custody on Thursday. The convict was booked under the CGST Act 2017 and produced before a Mumbai court. The court remanded the accused to 14-day judicial custody. If the charges are proved against him, he can be sentenced to up to 5 years in prison. Earlier on February 24, an incident of GST evasion of Rs 137 crore by making fake bills of Rs 762 crore was reported in Gujarat. Gujarat ATS had detained Nilesh Patel, chairman of Madhav Copper Limited, Bhavnagar, in this case. The investigating agency had been tracking Nilesh Patel for a long time. The GST department had already detained Afzal Sijani and Muhammad Abbas, Rafiq Ali in connection with the tax evasion case. While Nilesh was being searched. A case was also filed against Nilesh. But Nilesh was on the run. Nilesh had also banned the arrest from the Supreme Court. Anticipatory bail was not granted by the Lekimgar court.