City

GST Invoice Fraud: One More Mastermind Nabbed In Bhubaneswar

By
OB Bureau

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.

OB Bureau

Recent Posts

2nd Maharashtra Tigress Zeenat Released Into Core Area Of Similipal In Odisha

Baripada: Ten days after being put in a soft enclosure inside Similipal Tiger Reserve (STR)…

November 25, 2024

Odisha GDP Suspends Jonk Police Station IIC For Dereliction Of Duty

Nuapada: Inspector In-Charge (IIC) of Jonk police station in Odisha’s Nuapada district, Gurudev Karmi, has…

November 25, 2024

IPL Auction: KKR Break Bank For Venkatesh On Lucrative Day For Indian Players; Check Top Buys

Mumbai: The first day of the IPL mega player auction at Jeddah threw up several…

November 24, 2024

Odisha Govt Hands Over Case Of Attack On Dharmasala MLA To Crime Branch

Bhubaneswar: The Odisha government has handed over the investigation into the attack on Dhramasala MLA…

November 24, 2024

Commissionerate Police Issues Traffic Advisory During Winter Session Of Odisha Assembly; Details Here

Bhubaneswar: The Commissionerate of Police on Sunday issued an advisory for movement of vehicular traffic…

November 24, 2024

Elon Musk Proposal: Fire US Federal Employees Who Want To Work From Home

New York: Now that President-elect Donald Trump has tasked Elon Musk with the responsibility of co-heading…

November 24, 2024

Odisha Govt Warns Of Stern Action For Renting Out Its Quarters

Bhubaneswar: The Odisha government has warned its employees of stern action for sub-letting their allotted…

November 24, 2024

AR Rahman Best Man In The World, Certifies Saira Banu; Then Why Their Separation?

Mumbai: There has been a lot of talk over AR Rahman and his wife Saira…

November 24, 2024