A father-son duo has been arrested by GST officers for tax evasion of ₹28 crore, marking the first arrest in the Capital under the new indirect tax regime.
Fraudulent invoices
The Shahdara-based duo was held on Tuesday for issuing invoices fraudulently, a Finance Ministry statement said. The arrest was made by the Central Tax, GST Delhi, East Commissionerate.
The case involved “fraudulent issuance of Input Tax Credit invoices involving evasion of approximately ₹28 crore relating to copper industry”, the Ministry has said.
Searches were conducted at several places during which various incriminating documents and evidence were found.
Investigation revealed involvement of the two individuals, the statement added.
They were arrested under Section 69 (1) of the CGST Act and were remanded to 14-day judicial custody.
Section 132 of the CGST Act states that issuance of an invoice or bill without supply of goods and wrongful availment or utilisation of input tax credit is a cognizable and non-bailable offence if the amount involved is over ₹5 crore.
