Chandigarh businessman booked for Rs12-crore tax fraud
In his complaint, Deepak Bhatt of UT excise and taxation department, Sector 17, stated that a firm by the name “SS Enterprises” was found non-existent at principal place of business in Sector 37.
The complaint mentioned that the firm’s proprietor, Surender, could not be traced on the basis of documents submitted at time of applying for GST registration.
As such, the department determined that the firm was fake and used for GST registration to engage in unauthorised input tax credit activities through fake invoicing without actual movement of goods.
A case under Sections 406 (criminal breach of trust), 420 (cheating), 467 (forgery of valuable security, will, etc), 468 (forgery for purpose of cheating), 471 (Using as genuine a forged document or electronic record) and 120-B (criminal conspiracy) of the Indian Penal Code has been registered against Surender at the Cyber Crime police station.
