GST Officials Uncover ₹80 Crore Fraud Racket in Jamnagar, Chartered Accountant Implicated

GST Officials Uncover ₹80 Crore Fraud Racket in Jamnagar, Chartered Accountant Implicated

• Multi-City Coordinated Raids

  The State GST Department conducted simultaneous raids at over 22 locations, including the business and residential premises of approximately 20 different firms in Jamnagar. Officials from Ahmedabad, Rajkot, Bhavnagar, and Jamnagar were involved in the intelligence-based operation.

• Scale of Tax Evasion

  The initial investigation resulting from the raids has revealed a massive tax evasion scam amounting to over ₹80 crores. Authorities expect this figure to potentially rise as they continue the examination of seized documents.

• Active Role of Chartered Accountant (CA)

  Preliminary investigation by the State GST Department indicates the active involvement of a Jamnagar-based Chartered Accountant (CA) in the scam. The CA’s clients, who are traders from various businesses, were allegedly part of a scheme orchestrated by the CA, with the fraud appearing to have been primarily executed through fraudulent billing.

Source:- bhaskar english