GST Invoice Fraud: One More Mastermind Nabbed In Bhubaneswar

Bhubaneswar: Two weeks after the arrest of two masterminds of the fake GST invoice racket, another accused Basant Patnaik was arrested by the GST enforcement wing of Rourkela in Odisha capital on Thursday.

According to the GST enforcement officials, Basant, who has evaded the GST of about Rs 80 crore by opening several fake companies, had been absconding for more than a year.

On July 16, the GST enforcement officials arrested Gurjit Dang, managing partner of Tirupati Traders and authorised representative of Satguru Metals and Power Pvt Ltd in Rourkela, and Sujay Maitra, director of Smartageis Trade Venture Pvt Ltd in Rourkela, for availing and passing bogus input tax credit (ITC) of Rs 115.10 crore.

While Dang was arrested from Rourkela, Maitra was nabbed from Bhubaneswar.

The duo in collusion with others had availed bogus ITC raising fake purchase invoices in the name of 16 fictitious/non-existent business entities located in Angul, Rourkela, Bonai, Ersama, Tirtol, Riamal and Sundargarh.